You’re betting the stock price will go down . A Put gives you the right to sell the stock at a set price. 3. Navigate the Option Chain
Start small. Many beginners lose their initial capital by "swinging for the fences" on contracts that expire in just a few days. how to buy stock options
The price you think the stock will hit (e.g., "I think NVIDIA will hit $150"). You’re betting the stock price will go down