Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

What is the meaning of “writing put options”?
Writing options means "selling" options and "put" options are contracts to sell a defined security (the underlying), at a specific date (expiration date) and at a specific price (strike price). So, writing put options simply mean selling to others contracts to sell. Your profit is limited to the premium but your loss may be unlimited in a falling market.