Assertion: put's right | /r/CapableOf | sell the contract
Facets:
value: for more
type: PURPOSE
Source sentences:
text: Because buying a put gives the right to sell the contract, the buyer is taking a short position in the futures contract.﻿﻿
text: A put option is said to be in the money when the market price of its underlying futures contract is lower than the strike price because the put owner has the right to sell the contract for more than it's currently worth.﻿﻿ A put option is out of the money when the market price of its underlying futures contract is higher than the strike price because the put owner could only sell the contract for less than it's currently worth.