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: The right to sell an asset. You buy a put if you expect the price to go down. 🔑 Essential Vocabulary option

are financial contracts that give you the right—but not the obligation—to buy or sell an asset at a set price within a specific timeframe. AI responses may include mistakes

They are incredibly versatile tools used by investors to speculate on market directions, generate income, or hedge against potential losses. ⚖️ The Two Golden Pillars option