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Key Takeaways
- A put gives the owner the right, but not the obligation, to sell the underlying stock at a set price within a specified time.
- A put option's value goes up as the underlying stock price depreciates; the put option's value goes down as the underlying stock appreciates.
- When an investor purchases a put, they expect the underlying stock to decline in price.
www.investopedia.com/terms/p/put.asp- People also ask
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