@paulceltics a put is the right to sell the underlying at the exercise price. To be "short" is a position. Being short means you are the seller. If you are short a put, you have the obligation to buy the underlying good, if the buyer decides to exercise their option to sell the underlying.
@paulceltics a put is the right to sell the underlying at the exercise price. To be "short" is a position. Being short means you are the seller. If you are short a put, you have the obligation to buy the underlying good, if the buyer decides to exercise their option to sell the underlying.