Which of the Following Statements Is False

Multiple Choice

Which of the following statements is false?

A) A call option will sell for a fraction of the cost of the stock.
B) A futures contract can be written for a commodity (such as wheat) ,or for a currency.
C) A futures contract gives the owner the right,but not the obligation,to buy or sell a commodity at a specified price on a given future date.
D) The specified price at which an option gives the owner the right to buy a stock at is called the stick price.