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When right to sell is acquired, it is termed as?

46. When right to sell is acquired, it is termed as?

1. Double Option
2. Single Option
3. Call Option
4. Put Option

Answer: D) Put Option

Explanation:

At the point when an option to sell a security is gained, it is known as put choice. In finance, a put or put choice is a securities exchange gadget that gives the proprietor the right, however not the commitment, to sell a resource (the hidden), at a predefined value (the strike), by a foreordained date (the expiry or development) to a given party (the vender of the put).