There is no contradiction. Buying a put option is betting the market will go down. You want to be the only one who knows it, so you can get the best price. Basically, you want an unexpected collapse in prices.
Options by definition are not automatically filled (the correct term is exercised). They are the option to be exercised, not a requirement to be. If you want it to be required, buy a future.
The owner of an option would rarely exercise it. The option has the value of difference between the strike price, and the current price, but also the value of the chance of a future drop in the stock price (in the case of a put option). If you exercise the option, you capture difference in the strike price, but lose the future price risk. In this case, risk can only be good, because you are never forced to use an option. The regular thing to do is sell the option on, and take all the profit.
If the stock price increases, the put option price decreases, and you lose money. A "roaring back" market would be a disaster to a holder of put options.
Joe Capitalist (06-12-2021)
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18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.
LOCK HIM UP!
Presidents actually have little to do with the stock market. It is bigger than what they normally do to it. There is an exception when the dumb shit Trump threatened and instituted tariffs to the horror of almost every economist on the planet. But that flattened out, even after all his bluster.
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