A put option, also known as a put, is a right given to a holder to sell an underlying stock at a decided price before a certain date. To understand the definition completely, it is important to ...
Michael Burry owns put options on ORCL and shorted shares, criticizing cloud expansion strategy and $95 billion debt load.
Shorting out-of-the-money (OTM) put options in Apple, Inc. (AAPL) stock has clearly been the best play over the last month. This is because AAPL has been in a small trading range over the last month.