Meaning

noun the option to sell a given stock (or stock index or commodity future) at a given price before a given date

verb put into a certain place or abstract location

verb cause to be in a certain state; cause to be in a certain relation

originFrom Middle English putten, pitten, pytten, puten, poten, from Old English putian, *pūtian ("to push, put out"; attested by derivative putung (“pushing, impulse, instigation, urging”)) and potian (“to push, thrust, strike, butt, goad”), both from Proto-West Germanic *putōn, from Proto-Germanic *putōną (“to stick, stab”), which is of uncertain origin. Possibly from Proto-Indo-European *bud- (“to…

Etymology from Wiktionary, CC BY-SA 3.0