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<a accesskey="3" href="page.php?w=Put_option&amp;p=2">3.Next</a>
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<p>In <a href="page.php?w=finance">finance</a>, a <b>put</b> or <b>put option</b> is a <a href="page.php?w=derivative_%28finance%29">derivative</a> instrument in <a href="page.php?w=financial_market">financial market</a>s that gives the <a href="page.php?w=Shareholder">holder</a> (i.e. the purchaser of the put <a href="page.php?w=Option_%28finance%29">option</a>) the right to sell an <a href="page.php?w=asset">asset</a> (the underlying), at a specified price (the <a href="page.php?w=Strike_price">''strike''</a>), by (or on) a specified date (the</p><p>
<a accesskey="3" href="page.php?w=Put_option&amp;p=2">3.Next</a>
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