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2. Call vs. put options: How they differ - AOL

   www.aol.com/finance/call-vs-put-options-differ...

   Put option: A put option gives its buyer the right, but not the obligation, to sell a stock at the strike price prior to the expiration date. When you buy a call or put option, you pay a premium ...

3. Call options: Learn the basics of buying and selling - AOL

   www.aol.com/finance/call-options-learn-basics...

   Call options vs. put options The other major kind of option is called a put option, and its value increases as the stock price goes down. So traders can wager on a stock’s decline by buying put ...

4. Put options: What they are, how they work and how to buy and ...

   www.aol.com/finance/put-options-learn-basics...

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5. Put option - Wikipedia

   en.wikipedia.org/wiki/Put_option

   The seller's potential loss on a naked put can be substantial. If the stock falls all the way to zero (bankruptcy), his loss is equal to the strike price (at which he must buy the stock to cover the option) minus the premium received. The potential upside is the premium received when selling the option: if the stock price is above the strike ...

6. Short (finance) - Wikipedia

   en.wikipedia.org/wiki/Short_(finance)

   The most basic is physical selling short or short-selling, by which the short seller borrows an asset (often a security such as a share of stock or a bond) and quickly selling it. The short seller must later buy the same amount of the asset to return it to the lender.

7. Protective option - Wikipedia

   en.wikipedia.org/wiki/Protective_option

   Payoffs from a long call position, equivalent to that of a protective put Payoffs from a long put position, equivalent to that of a protective call. A protective option or married option is a financial transaction in which the holder of securities buys a type of financial options contract known as a "call" or a "put" against stock that they own or are shorting.