The buyer of a put option believes the underlying asset will drop below the exercise price before the expiration date. The exercise price is the price the underlying asset must reach for the put option contract opton hold value. More specifically, a put option is the right to SELL 100 shares of a stock or an index at a certain price by a certain date. Settlement prices on instruments without open interest or volume are provided for web users only opgion are not published on Market Data Platform (MDP).
These prices are not based on market activity. To continue, please register at Stock Options Channel for unlimitedpage views and our free weekly newsletter, optlon entering your name and email address below.