Inseego Corp (INSG)

[LionsTact]

Thoughts on a " PUT " being the Way to Go here ?

...I personally don't like this $11.40 territory and I think the below average volume is a reflection in agreement on that issue.....I prefer INSG " coils " at $10 ...BUT what about a " PUT " (eg. $12.50 ) ?

...I never did one, but wouldn't it be a good HEDGE Play ?

...I'm Trying To Learn Myself so please don't ask me anything complicated and any thoughts on " Hedging" INSG would be appreciated

What Is a Put?

A put is an options contract that gives the owner the right, but not the obligation, to sell a certain amount of the underlying asset, at a set price within a specific time. The buyer of a put option believes that the underlying stock will drop below the exercise price before the expiration date. The exercise price is the price that the underlying asset must reach for the put option contract to hold value.

A put can be contrasted with a call option, which gives the holder to buy the underlying at a specified price on or before expiration.

KEY TAKEAWAYS

1) A put gives the owner the right, but not the obligation, to sell the underlying stock at a set price within a specified time.

2) A put option's value goes up as the underlying stock price depreciates; the put option's value goes down as the underlying stock appreciates.

3) When an investor purchases a put, she expects the underlying stock to decline in price.

https://www.investopedia.com/terms/p/put.asp