Morning ablutions and other responsibilities. by Daniel R. Levitan. This morning a phrase popped into my head â âmorning ablutionsâ. I do not believe that I have heard that phrase used in the past thirty or forty years; certainly it is not a common expression these days. But I was pleased that my mind was still functioning, even if in somewhat unpredictable ways.
Definition of 'Put Option'. Definition: Put option is a derivative contract between two parties. The buyer of the put option earns a right (it is not an obligation) to exercise his option to sell a particular asset to the put option seller for a stipulated period of time.
A Stock Options Contract is a contract between a buyer and a seller whereby a CALL buyer can buy a stock at a given price called the strike price and a PUT buyer can sell a stock at the strike price. 1 Stock Option contract represents 100 shares of the underlying stock. Think of a CALL and a PUT as opposites. You can be a CALL Buyer OR Seller. You can be a PUT Buyer OR Seller. Given Puts/Calls and Buyer/Seller status, there are 4 main types of transactions weâll cover today â Put Buyer, Put Seller, Call Buyer and Call Seller.