Put Options for Retail Investors to Make Debut 

The Capital Market Development Fund (CMDF) will start offering put options for retail investors at Tehran Stock Exchange and Iran Fara Bourse on Saturday in line with government's supportive measures to lift the struggling capital market. 
According to the SENA news agency, the contracts can be purchased by investors with portfolios less than 1 billion rials, accounting for nearly 96% of the investors. The contracts have a maturity of one year and guarantee 20% profit.
A put option is a contract giving the owner the right, but not the obligation, to sell–or sell short–a specified amount of an underlying security at a pre-determined price within a specified time frame. Put options are traded on various underlying assets, including stocks, currencies, bonds, commodities and futures.