Put Options Planned for Protecting Profits

The Tehran Stock Exchange is planning to offer put options  for stocks of 15 large cap companies to support shareholders and reassure them that such stocks are safe.
TSE’s Capital Market Development Fund (CMDF) will be in charge of issuing the contracts, SENA, the official news outlet of Iran capital market, said.  
Operating in tandem with the Capital Market Stabilization Fund, the CMDF is a mutual fund in terms of resources and is tasked with supporting the bourse and help safeguard investor interest.