The Writer of a Call Option Has

question 39

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.
• E)the long position in the contract.

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Definitions:

Picture

A visual representation or image captured by a camera, painted, or otherwise created, which can be viewed directly or displayed on a surface.

Stimulus Input

Any information or event from the environment that is received by the senses and can influence behavior or physiological responses.

Working Memory

An intellectual structure possessing finite capacity, aimed at briefly storing information for further processing.

Long-term Memory

The facet of memory involved in the storage and retrieval of information over extended periods.