The Writer of a Call Option Has

question 80

Multiple Choice

The writer of a call 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 obligation to buy a security for a given price.
• D)the right to sell a security for a given price.

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Definitions:

Tooth Decay

The breakdown of teeth due to the effects of acid produced by bacteria on the surface of teeth.

Soft Drink Market

Describes the industry and commercial activities related to the production, distribution, and sale of non-alcoholic, carbonated beverages.

Substitutes In Consumption

Refers to goods or services that can replace each other in use, fulfilling similar needs or desires.

Price Of Rice

The cost at which rice is sold, which can vary depending on type, quality, and market conditions.