What is a 'Put Option' A put option is an option contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time. This is the opposite of a call option, which gives the holder the right to buy shares. BREAKING DOWN 'Put Option'
High Altitude Sickness and Everest Base Camp. One of the major challenges facing trekkers heading to Everest Base Camp or any other high elevation trek in the Himalayas is dealing with the potential threat of High Altitude Sickness. The primary cause of High Altitude Sickness is a decrease in the amount of available oxygen with altitude.
USPA Raises Minimum Deployment Altitude by Ed Scott One of the actions arising from last weekâs meeting of the USPA Board will raise the minimum deployment altitude for C- and D-license holders in the Basic Safety Requirements from the current 2,000 feet to 2,500 feet. The board had discussed this idea at previous meetings, and it has now come to the conclusion that the change will save lives.