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2. Put option - Wikipedia

   en.wikipedia.org/wiki/Put_option

   If the underlying stock's market price is below the option's strike price when expiration arrives, the option owner (buyer) can exercise the put option, forcing the writer to buy the underlying stock at the strike price. That allows the exerciser (buyer) to profit from the difference between the stock's market price and the option's strike price.

3. Option (finance) - Wikipedia

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

   A trader who expects a stock's price to increase can buy a call option to purchase the stock at a fixed price (strike price) at a later date, rather than purchase the stock outright. The cash outlay on the option is the premium. The trader would have no obligation to buy the stock, but only has the right to do so on or before the expiration date.

4. How To Get Rich From Trading Options: 7 Ways - AOL

   www.aol.com/finance/rich-trading-options-7-ways...

   This means that you can buy one call option on Microsoft stock that expires on the third Friday of July for $83.08. As each option gives you the right to control 100 shares, that $83.08 price will ...

5. 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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6. Options strategy - Wikipedia

   en.wikipedia.org/wiki/Options_strategy

   ATM straddle can be used for earnings when you are anticipating that the underlying stock will move in a direction by an extent that exceeds the total to purchase both options. [citation needed] Strangle - where you buy a put below the stock and a call above the stock, with profit if the stock moves outside of either strike price (long strangle ...

7. Put Options: Protection From the Next Stock Market Crash? - AOL

   www.aol.com/news/2014-01-18-put-options...

   Stocks soared in 2013, but that has many investors on edge about the prospects for a big correction or even a bear market in 2014. If you want to protect against a big stock market crash, put ...