A European Call Option Gives the Buyer the Right to ________

Multiple Choice

A European call option gives the buyer the right to ________.

A) buy the underlying asset at the exercise price on or before the expiration date
B) buy the underlying asset at the exercise price only at the expiration date
C) sell the underlying asset at the exercise price on or before the expiration date
D) sell the underlying asset at the exercise price only at the expiration date