Put Option

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The speaker explains the basics of a put option.  He uses a real life example to explain how the buyer of an option can make the seller buy the stock at the strike price if the stock moves lower.  It is similar to an insurance policy. The speaker explains the basics of a put option.  He uses a real life example to explain how the buyer of an option can make the seller buy the stock at the strike price if the stock moves lower.  It is similar to an insurance policy. 

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