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EghtesadOnline: The Capital Market Development Fund (CMDF) says the capital market authority's decision to issue put options is welcome by retail investors.

"So far 220,000 shareholders have purchased the contracts, known as Sahamyar, to guarantee at least 20% return on investments by next November," Peyman Hadadi, the CMDF head told reports on Thursday, SENA news agency reported. 

The CMDF started offering put options last week for retail investors in the Tehran Stock Exchange and Iran Fara Bourse following the announcement by the government of supportive measures to lift the struggling capital market.

The Capital Market Capital Market Development