Assertion: share's price | /r/CapableOf | decline below the strike price
Facets:
Source sentences:
text: If the price of the stock declines below the strike price, the holder of the put has the right, but not the obligation, to sell the asset at the strike price, while the seller of the put has the obligation to purchase the asset at the strike price if the owner uses the right to do so (the holder is said to exercise the option).