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What's a Put???
Because of an increased interest in “stock options” lately, we’ve been doing a bit of an introduction to options recently. On Sunday we explored the idea of what they are and how they function. We discussed the fact that options are no more risky than stocks, and how you shouldn’t be afraid of them at all. They’re simply another tool to use in trading. Then we talked about the basic “call” option.
Today we’re going to look at the other side of the coin, which is called a “put” option.