An American Call Option Grants the Holder the Right To

Multiple Choice

An American call option grants the holder the right to:

A) sell the underlying security at the strike price on or before the expiration date.
B) sell the underlying asset at the strike price only on the expiration date.
C) buy the underlying asset at or below the exercise price on or before the expiration date.
D) buy the underlying asset at the exercise price only on the expiration date.
E) buy the underlying security at a stated price on or before the expiration date.