Causes Impaired digestion or absorption can result in fatty stools. Possible causes include exocrine pancreatic insufficiency, with poor digestion from lack of lipases, loss of bile salts, which reduces micelle formation, and small intestinal disease producing malabsorption.
Put Option. A put option is an option contract in which the holder (buyer) has the right (but not the obligation) to sell a specified quantity of a security at a specified price (strike price) within a fixed period of time (until its expiration).
Updated November 25, 2016. Definition: A put option is the right to sell a security at a specific price until a certain date. It gives you the option to put the security down.. The right to sell the security is a contract. The securities are usually stocks, but can also be commodities futures or currencies.