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The Easiest Way To Make Money Trading Crypto (Updown Options)A short put is when a trader sells a put option. Profits are limited to the premium collected when the asset price exceeds the strike price and the put options. The call and put options are calculated as percentages in terms of open interest and hour trading volume of the underlying asset. For. You can either buy a call or a put option. A call gives the holder the right to buy the underlying asset, while a put option gives the holder the right to sell.