If a Call Option Holder Elects to Buy the Underlying

question 71

Multiple Choice

If a call option holder elects to buy the underlying stock for the previously specified price they are said to "________" the option.

• A) strike
• B) put
• C) call
• D) exercise
• E) cover

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Definitions:

Gametic Isolation

A prezygotic reproductive barrier where gametes (egg and sperm) from different species are unable to fuse and form a viable zygote.

Mechanical Isolation

A form of reproductive isolation where differences in the size, shape, or incompatible genitalia prevent mating between species.

Hybrid Inviability

A postzygotic barrier where hybrid offspring fail to survive to reproductive age.

Gestational Abortion

The termination of a pregnancy during the gestation period, often due to natural causes such as chromosomal abnormalities.