Kizspy | Question: 37
(Choose 1 answer)
An "option" is
A. a contract giving the seller (writer) of the option the right, but not the obligation, to buy (call) or sell (put) a
given quantity of an asset at a specified price at some time in the future.
B. a contract giving the owner (buyer) of the option the right, but not the obligation, to buy (call) or sell (put) a
given quantity of an asset at a specified price at some time in the future.
C. a contract giving the owner (buyer) of the option the right, but not the obligation, to buy (put) or sell (call) a
given quantity of an asset at a specified price at some time in the future.
D. a contract giving the owner (buyer) of the option the right, but not the obligation, to buy (put) or sell (sell) a
given quantity of an asset at a specified price at some time in the future.
