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An "Option" Is

Question 24

Multiple Choice

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.

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