A Call Option Gives the Owner the Right to Sell

question 130

True/False

A call option gives the owner the right to sell 100 shares of a stock at a guaranteed price before a definite expiration date.

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Definitions:

Louis XVI

The King of France from 1774 until his deposition in 1792 during the French Revolution, ultimately executed by guillotine in 1793.

Guillotined

The act of executing someone by using a guillotine, a device designed for efficiently carrying out executions by beheading.

Secret Correspondence

The exchange of private communication or documents that are intended to remain confidential, often used in diplomatic, military, or espionage contexts.

Treason

The crime of betraying one's country, especially by attempting to kill the sovereign or overthrow the government.