A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
Put option
A put option is a forward contract that allows the buyer to sell a commodity in the future at a designated price, in exchange for paying a premium.
A put option is essentially a bet that the actual market price in the future will be below the designated price (minus the cost of the premium).