If the Owner of the Option Exercises the Right to Buy

question 2

Multiple Choice

If the owner of the option exercises the right to buy or sell,the seller of the option must ________.

• A) Find a broker for the buyer.
• B) Set the strike price and find a new buyer.
• C) Calculate the new strike price based upon the days left on the contract.
• D) Buy or sell the financial instrument to the buyer.

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Definitions:

Aggressive Manner

A behavior characterized by assertiveness and possibly hostility or combativeness, often in pursuit of a goal.

Job Holder

An individual who occupies a specific position within an organization, performing defined roles and responsibilities.

Job Description

A list of the duties and responsibilities of a job holder.

Job Analysis

The process of studying and collecting information regarding the operations and responsibilities of a specific job.