Question: What is a put option? Multiple choice question. A put option obligates the owner to buy the underlying asset at a fixed price. A put

What is a put option?
Multiple choice question.
A put option obligates the owner to buy the underlying asset at a fixed price.
A put option gives the owner the right to buy the underlying asset at a fixed price.
A put option obligates the owner to sell the underlying asset at a fixed price.
A put option gives the owner the right to sell the underlying asset at a fixed price.

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