The Holder of a Put Option Has

question 47

Multiple Choice

The holder of a put option has:

• A)the obligation to sell a security for a given price.
• B)the right to buy a security for a given price.
• C)the right to sell a security for a given price.
• D)the obligation to buy a security for a given price.

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Definitions:

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for action by increasing heart rate, dilating airways, and other responses typically associated with the "fight or flight" response.

Blood Pressure

The force exerted by circulating blood on the walls of blood vessels and constitutes one of the principal vital signs.

Oxygen Demand

A measure of the amount of oxygen required to oxidize organic and inorganic materials in water, used as an indicator of water quality.

Iron Supplement

A dietary supplement taken to increase the amount of iron in the body, often recommended for treating or preventing iron-deficiency anemia.