A Call Option Is an Agreement That

Multiple Choice

A call option is an agreement that:

A) obligates both the buyer and seller to a future transaction.
B) grants the seller the right to buy a security at a predetermined price.
C) gives the buyer the right to purchase an asset at some point in the future.
D) grants the seller the right, but not the obligation, to sell an asset.
E) presets a price but not a time period.