Buying a put option gives you the right to sell stock at a fixed price within a specified time frame. A typical put option grants you to the right to sell 100 shares of stock from the investor who sells you the put option, and you have to make a decision about what to do before the option expiration date.
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DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.
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