A Put Option Written on a Futures Contract Gives the Buyer

question 85

Multiple Choice

A put option written on a futures contract gives the buyer the right to:

• A)sell the asset underlying the futures contract.
• B)buy the asset underlying the futures contract.
• C)sell the futures contract underlying the option contract.
• D)buy the futures contract underlying the option contract.

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Definitions:

Maryland

A region situated in the Mid-Atlantic area of the U.S., renowned for its important historic locations and being the origin of the national anthem.

Phillis Wheatley

The first African American female poet to be published, her works reflecting her life and times as a slave in the late 18th century.

African-Americans

An ethnic group in the United States with ancestors primarily from the African continent, historically subjected to slavery and discrimination but with a rich cultural heritage and significant contributions to American society.

Slave Population

Refers to the demographic group of people who were enslaved and forced into labor without freedom, notably before the abolition of slavery.