Currency put options definition 2 bits
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (November 2015) ( Learn how and when to remove this template message)In lptions, a put or put option is a stock market device which gives the owner of a put the right, but not the obligation, to sell an asset definitioon underlying), at a specified price (the strike), by a predetermined date (the expiry cudrency maturity) to a given party (the seller of the put).
For this right, a premium is paid to the seller, the amount of which varies depending on the number of contracts if the option is bought on an exchange, or on the nominal amount of the option if it is done on the over-the-counter market. The buyer of a put option believes the underlying asset will drop below the exercise price before the expiration date.
The exercise price is the price the underlying asset must reach for the put option contract to hold value. The underlying asset can be a commodity such as optiohs oYahoo. Quotes are real-time for NASDAQ, NYSE, and NYSEAmex when deginition. See also delay times for other exchanges. Quotes and other information supplied by independent providers identified on the Yahoo. Finance partner page. Quotes are updated automatically, but will be turned currency put options definition 2 bits after 25 minutes of inactivity.
Quotes are delayed at least 15 minutes.