ogle Chrome 1. An American put option allows the holder to: A) buy the underlying asset at the strike price on or before the expiration date. B) sell the underlying asset at the strike price on or before the expiration date. C) benefit from a stock price decrease with less risk than short selling the stock. D) b and c. E) a and c. O a. sell the underlying asset at the strike price on or before the expiration date O b. buy the underlying asset at the strike price on or before the expiration date c. receive the premium O d. buy the underlying asset at the strike price on the expiration date GEN