Options Differ from Other Derivatives Because the Holder Does Not

question 132

True/False

Options differ from other derivatives because the holder does not have to settle the contract if they choose not to.

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Definitions:

Cavernous Bodies

Cavernous bodies are spongy tissues full of blood vessels found in several body parts, notably the penis and clitoris, facilitating erection when engorged with blood.

Penis

The male sexual organ of copulation in reptiles, mammals, and a few birds.

Ejaculatory Duct

is a tube through which semen enters the urethra in males during ejaculation.

Vas Deferens

The duct through which sperm moves from the testicle to the urethra in male mammals.