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What is a 'Put' A put is an option contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price.
In times of uncertainty and volatility in the market, some investors turn to hedging using puts and calls versus stock to reduce risk. Hedging.
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A nifty income strategy if you don't mind stock market risk is selling options on stocks you wouldn't mind owning at slightly lower prices than they fetch.
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