This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (November 2015) ( Learn how and when to remove this template message)In finance, a put or put option is a stock market device which gives the owner of a put the right, but not the obligation, to sell an asset (the underlying), at a specified price (the strike), fo a predetermined date (the expiry or maturity) to a given party (the seller of the put).
This means the only stamp duty payable until the contract comes into existence (ie after the exercise of either one or both options), is neg.
Put option for real estate developers