The Owner of a Put Has

question 65

Multiple Choice

The owner of a put has

• A) the right and the obligation to buy an asset at a given price.
• B) the right and the obligation to sell an asset at a given price.
• C) the right but not the obligation to buy an asset at a given price.
• D) the right but not the obligation to sell an asset at a given price.

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Definitions:

Iceberg Model

A metaphor used in psychology and other fields to illustrate that only a small part of a person's mind or situation is visible, while the majority is hidden beneath the surface.

Libido

A term used in psychoanalytic theory to denote the energy associated with sexual drives and desires.

Oedipus Complex

A Freudian theory that suggests a child's unconscious sexual desire for the opposite-sex parent and jealousy toward the same-sex parent.

Unconscious

A term in psychology referring to the part of the mind that is not currently in focal awareness, containing processes, memories, and desires beyond conscious access.