An Option Is a Contract That Always

Multiple Choice

An option is a contract that always

A) gives the owner the right,but not the obligation,to buy shares of a stock at a specified price within the time limits of the contract.
B) gives the owner the right,but not the obligation,to sell shares of a stock at a specified price within the time limits of the contract.
C) states that the seller agrees to provide a particular good to the buyer on a specified future date at an agreed-upon price.
D) gives the owner the right,but not the obligation,to buy or sell shares of a stock at a specified price within the time limits of the contract.