The primary motivation of this investor is to realize financial reward from a decrease in price of the underlying security. (capitaloneinvesting.com)
For a put option, the option is in - the - money when market price of the underlying security is at or below the option's strike price. (capitaloneinvesting.com)
Because a bond ETF is simply made up of a collection of bonds, its market price will typically fluctuate along with the collective price of its underlying securities. (blackrockblog.com)