Under What Circumstance Will the Buyer of a Put Option

question 121

Multiple Choice

Under what circumstance will the buyer of a put option be asked to perform his or her obligation?

• A)When the stock price has declined below the strike price.
• B)When the stock price has increased above the strike price.
• C)The put buyer has an equal obligation regardless of the relationship between stock and strike prices.
• D)The put buyer has no obligation whatsoever.

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Definitions:

Compounded Monthly

Calculating interest on a principal sum along with any accumulated interest of the previous periods with each cycle occurring every month.

Trust Fund

A legal arrangement where assets are held by a trustee for the benefit of another person or group.

Compounded Monthly

A method of calculating interest in which the interest earned each month is added to the principal, and the following month's interest is calculated on the new total.

Perpetuity

A financial instrument that pays a fixed amount of cash flow indefinitely.