Suppose an Investor Sells a Put Option Over XYZ Shares

question 45

Multiple Choice

Suppose an investor sells a put option over XYZ shares.What will happen if the share price on the exercise date exceeds the exercise price?

• A)The seller will need to deliver XYZ shares to the owner of the option.
• B)The seller will be obliged to buy shares from the owner of the option.
• C)The option owner will not exercise his/her option.
• D)The seller can sell XYZ shares for the exercise price.
• E)None of these.

Understand the basicity of nitrogen-containing heterocycles and compare it between different compounds.

Recognize and name aromatic heterocycles in complex structures.

Describe the structure of fused-ring heterocycles and identify them among given compounds.

Apply Huckel's rule to determine the aromaticity of polycyclic compounds.

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