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:

Successful Outcome

The achievement of desired goals or results from a particular process or activity.

Pride

A feeling of deep satisfaction derived from one's own achievements, the achievements of those with whom one is closely associated, or from qualities or possessions that are widely admired.

Emotional Regulation

The process by which individuals influence which emotions they feel, when they feel them, and how they express and experience these emotions.

Redirecting

A behavioral management technique involving guiding someone's attention or activity from one focus to another more positive or productive one.