When a Put Option Is Exercised, The

question 80

Multiple Choice

When a put option is exercised, the:

• A)seller of the option receives the strike price.
• B)seller of the option receives the option premium.
• C)buyer of the option sells the underlying asset and receives the option premium.
• D)buyer of the option pays the option premium and receives the underlying asset.
• E)seller of the option must buy the underlying asset and pay the strike price.

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