If the Volatility of the Underlying Asset Decreases, Then The

Multiple Choice

If the volatility of the underlying asset decreases, then the:

A) value of the put option will increase, but the value of the call option will decrease.
B) value of the put option will decrease, but the value of the call option will increase.
C) value of both the put and call option will increase.
D) value of both the put and call option will decrease.
E) value of both the put and call option will remain the same.