1. An option to sell
   "Investors often use put options as a form of insurance against market downturns"
    
2. The option to sell a given stock (or stock index or commodity future) at a given price before a given date
   "He bought a put option as insurance against a market downturn";
   - put

Derived forms: put options

Type of: option, stock option

Part of: span, straddle

Encyclopedia: Put option