The opportunity, but not the obligation, to sell a security within a specified period of time at a guaranteed price is:

Understand the Problem

The question is asking to identify a financial term that describes the scenario where there is an opportunity, but not an obligation, to sell a security at a guaranteed price within a specified time frame. The answer choices provided include terms related to options trading and investment strategies.

More Information

A put option provides the holder the right to sell an asset at a predetermined price within a specified time frame, without obligation.

Tips

Confusing a put option with a call option is common; remember, put options are for selling, call options are for buying.

Sources

• What Are Puts and Calls - Chase - chase.com
• Put Options: What They Are And How To Trade Them - Bankrate - bankrate.com