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The Buyer of a Call Option Has the Right to Exercise

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The buyer of a call option has the right to exercise the option, but the writer of the call option has the

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Definitions:

Main Connective

In logic, the operator that determines the truth value of a complex proposition based on its component parts.

Atomic Statements

The simplest form of a statement in logic, expressing a single proposition that cannot be broken down further.

Main Components

The essential or core parts that make up a whole, system, or mechanism.

Connectives

Logical operators that connect propositions in logic, such as "and," "or," "if...then," and "not," used to form compound sentences.

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