Ownership of a put option entitles the owner to the ________ to ________ a specific share, on or before a specific date, at a specific price.
A)right, buy
B)right, sell
C)obligation, buy
D)obligation, sell

Question

Quizplus · Accepted Answer

Ownership of a put option gives the owner the right to sell a specific share on or before a specific date at a specific price. So, the correct choice is B: right, sell.

Ownership of a Put Option Entitles the Owner to the ________