Is the purchase of a put and its underlying stock at the same time. Effectively, it behaves like a synthetic long call but can have different of special tax implications.
The purchase of a put option and the underlying stock on the same day. Special tax rules apply if the put expires.
An option strategy whereby an investor, holding a long position in stock, purchases a put on the same stock to protect against a depreciation in the stock's price.
A married put is formed when an investor buys shares of a stock and at the same time, a put option contract. The married put has the benefit of "insuring" a stock; that is, in the event of falling prices an investor can be sure of a favorable, exact exit price. If the protected stock rises, the investor is under no obligation to sell.