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What is put option, call option, mutual fund?

Answer Posted / buvana.

A put option is an option contract giving the owner the
right but not the obligation to sell a specified amount of
an underlying security at a specified price within a
specified time.
A call option is just opposite to that giving the owner the
right to buy the security.
Mutual fund is an investment vehicle that is made up of pool
of funds collected from many investors to invest in
securities like stocks, bonds, money market instruments and
similar assets.

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