A Seller of a Put Option on a Futures Contract

question 37

True/False

A seller of a put option on a futures contract obligates them to buy a futures contract should the put buyer exercise the option.

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Definitions:

Lacunae

Small cavities in bone or cartilage tissue that house cells (osteocytes, chondrocytes), providing them with space to reside and function.

Osteon

The spindle-shaped unit of bone composed of concentric layers of osteocytes organized around a central Haversian canal containing blood vessels and nerves.

Vertebrae

The series of small bones forming the backbone, in humans being 33 in number and providing support and flexibility.

Sacral

Relating to the sacrum, a large, triangular bone at the base of the spine that forms by the fusion of vertebral bones.