The Writer of a Call Option Has

question 11

Multiple Choice

The writer of a call option has:

• A)the obligation to sell a security for a given price.
• B)the obligation to buy a security for a given price.
• C)the right to sell a security for a given price.
• D)the right to buy a security for a given price.

---

Definitions:

Substance Use

Involvement in the consumption of drugs or alcohol, which could range from moderate use to substance abuse, depending on the context and behaviors involved.

Cultural

Relating to the ideas, customs, and social behaviors of a society or group of people.

Ethnic Groups

Communities or populations sharing a common culture, heritage, language, or ancestry, often possessing a sense of shared identity.

Substance Abuse

The harmful pattern of using substances such as drugs or alcohol leading to significant problems or distress.