The Owner of a Regular Exchange-Listed Call-Option on the Stock

question 61

Multiple Choice

The owner of a regular exchange-listed call-option on the stock:

• A) has the right to buy 100 shares of the underlying stock at the exercise price
• B) has the right to sell 100 shares of the underlying stock at the exercise price
• C) has the obligation to buy 100 shares of the underlying stock at the exercise price
• D) has the obligation to sell 100 shares of the underlying stock at the exercise price

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