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).
Consider two put option choices on the $30 stock. The put with the $30 strike price is quoted at $2.50. A put with a $25 strike price is priced at $0.50 for a cost of $50. The value of a put option increases by $1.00 -- $100 per contract -- for each dollar the stock price drops below a put option strike price.