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An option—a right that operates as a continuing proposal—given in exchange for consideration—something of value—permitting its holder to sell a particular stock or commodity at a fixed price for a stated quantity and within a limited time period.

A put is purchased for a fee paid to the person who agrees to accept the stock or goods if they are offered. The purchaser of this right to sell expects the price of the stock or commodity to decrease so that he can deliver the stock or commodity at a profit. If the price rises, the option need not be exercised. The reverse transaction is a call.


(Place), verb apply, assign a place, attach, base, deposit, dispense, fix, give, imbed, implant, infuse, inject, install, instill, introduce, lodge, park, place, plant, raise, repose, seat, set, site, situate, station, submit, tender
Associated concepts: constructive bailment, involuntary bailment


(Phrase), verb ascribe, attribute, cast, describe, impute, pose, posit, postulate, present, propound, say, set forth, state, throw
See also: advance, deposit, dispose, give, house, impute, introduce, locate, lodge, phrase, place, plant, raise, repose, situated, submit

TO PUT, pleading. To select, to demand; as, the said C D puts himself upon the country; that is, he selects the trial by jury, as the mode of settling the matter in dispute, and does not rely upon an issue in law. Gould, Pl. c. 6. part 1, Sec. 19.

References in periodicals archive ?
A hockey player comes back from a debilitating illness, and he says, ``It put a lot of things in perspective.
If FM does not exercise the fixed-payment option and X exercises the put renewal option, X can require FM to purchase a letter of credit guaranteeing FM's obligation to make the put renewal rent payments.
Sites of heavy out-of-the-money put open interest can frequently serve as synthetic support, especially ahead of expiration periods.
Godina, the 1995 NCAA champion in the shot put and the discus as a senior with the Bruins, avenged his disappointment in the U.
Clearly, it's time to just go ahead and put this on the ballot,'' Chick said.
He enthusiastically took to the event, but it wasn't until his 10th- grade year at Central High School that he took up the shot put.
This reading, which derives from call and put activity in the October and November series, is lower than 78 percent of the past year's readings, but all could change in a matter of days, when October options are a thing of the past.
In addition, such counterparties or the initial purchasers or their affiliates may enter into or unwind various derivatives and/or purchase or sell shares of Forest City Class A common stock in secondary market transactions prior to the settlement of the notes (and are likely to do so during any observation period related to the put exercise).
Well, the shares are currently trading just below the 85 level and could certainly use the added support of some sizeable put adds below.
When we grabbed our figures this afternoon, medical-device manufacturer Boston Scientific (NYSE:BSX) was notable for its January 2008 15 put (WBX MC), where nearly 5,000 contracts have changed hands.
50 put (QAA TZ), which traded more than 3,000 contracts early this morning, on initial open interest of slightly more than 24,000 contacts.
Eastern Time, 1,971,300 calls have changed hands compared to 1,467,188 puts, equaling a single-day put/call volume ratio of 0.