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  2. How put options work

    • When you buy a put option, you're placing a bet that the value of the underlying stock will decrease in value over the course of the contract.
    • When you sell a put option, you're placing a bet that the value of the underlying stock will increase or stay the same value over the course of the contract.
    www.nerdwallet.com/article/investing/put-options
    www.nerdwallet.com/article/investing/put-options
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