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- For example, consider an investor who buys a stock put option with an exercise price of $100, for a premium of $3 per share. A few weeks later, the stock's market price is $90/share. If the owner decides to exercise their put option, they can sell the stock for $100/share even though that's $10/share above the market price.seekingalpha.com/article/4515913-what-is-put-option
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