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WebNov 12, 2024 · A put option is an options contract that grants its buyer the right (but not the obligation) to sell a specific quantity (usually 100 shares) of an asset (like a stock) at a … WebJul 12, 2024 · Put options are in the money when the stock price is below the strike price at expiration. The put owner may exercise the option, selling the stock at the strike price. Or … WebJun 20, 2015 · When you buy a put option, you get the right to sell stock at a certain fixed price within a specified time frame. Most put options allow you to sell 100 shares of stock … fires in texas right now