Survivor put option expiration
Should interest rates increase substantially, the put may earn a large profit for beneficiaries of the estate. A call option gives its buyer the option to buy an agreed quantity of a commodity or financial instrument, called the underlying asset, from the seller of the option by a certain date (the expiry), for a certain price (the strike price). A put option gives its buyer the right to sell the underlying asset at an agreed-upon strike price before the expiry date.The party that sells the option is called the writer of the option.
You can also practice your skills in options trading.