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.
No longer must you acclimate on Everest to get some serious climbing elevation. Welcome to BaseCamp, a larger-than-life rock climbing park with the world's tallest artificial climbing wall, at a staggering 164 feet. The massive wall is built into the side of the Whitney Peak Hotel in Reno, Nevada. At the newly revamped BaseCamp park, brave souls will scale the side of the hotel on their choice of color-coded foothold tracks.