6. Types of put options available on Tiger Trade app
Long Put
A long put is a bearish trading strategy when a trader is anticipating that the underlying stock’s price will go down. Long puts are beneficial to traders when they are reasonably certain that a company's share price will move to the way they expected.
Short Put
A short put or naked put is a trading strategy that is bullish in nature where a trader is anticipating that the underlying stock's price will increase or remain at the strike price.