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There is an agreement made with the owner to sell them for a profit but, he is not responsible for having to sell any particular amount of the option.
http://answers.ask.com/Business/Finance/how_do_put...
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Stock options come in many flavors. The basic option contract gives the buyer the right to purchase (call options) or sell (put options) shares of stock. On exchanges like the CBOE
http://www.ehow.com/about_5036053_stock-put-option...
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The most prevalent use of options contracts is in the stock market. Options also trade against exchange-traded funds (ETFs), financial market indexes and futures contracts. An individual
http://www.ehow.com/info_8112102_call-put-option.h...
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1. Open a stock brokerage account with option trading privileges. To trade options, you must complete extra disclosures with financial and trading experience information. You need
http://www.ehow.com/how_6589290_trade-put-option.h...
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