Put options are a contract which gives the buyer the right but not the obligation to sell a specified amount of an underlying security within a time range at a specific price. Conversely if you are the seller or writer of a put option you have the obligation to buy the security at a predetermined price within that time range from the buyer. So, for example let’s say shares of ABC Corp are currently trading for $100 per share. Investor A is bearish on ABC Corp., so they buy