The Writer (Seller)of a Regular Exchange-Listed Call-Option on a Stock

question 66

Multiple Choice

The writer (seller) of a regular exchange-listed call-option on a 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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Definitions:

Europeans

People originating from the continent of Europe, characterized by diverse cultures, languages, and histories.

Native Americans

Indigenous peoples of the Americas who lived in the territory that is now the United States prior to European colonization.

Livestock

Domesticated animals raised in an agricultural setting to produce commodities such as meat, milk, and wool, or to perform labor.

Native Americans

Indigenous peoples of the United States, including tribes, nations, and bands, who inhabited the land before European settlement.