Ownership of a Put Option Entitles the Owner to the ________

question 51

Multiple Choice

Ownership of a put option entitles the owner to the ________ to ________ a specific stock, on or before a specific date, at a specific price.

• A) right; buy
• B) right; sell
• C) obligation; buy
• D) obligation; sell

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Definitions:

Heroin

An opioid drug made from morphine, a natural substance taken from the seed pod of various opium poppy plants, highly addictive and illegal.

Caffeine

A stimulant chemical found in coffee, tea, and various other foods and drinks that affects the central nervous system, enhancing alertness and reducing fatigue.

Tobacco

A plant product containing nicotine which can be used in various forms, including smoking and chewing, often associated with health risks.

Benzodiazepines

A class of psychoactive drugs used primarily for treating anxiety, seizures, insomnia, and for inducing relaxation before surgeries.