Which of the following is NOT a feature of option contracts?
A) The buyer does not have an obligation to proceed with the contract
B) The writer of the contract receives a fee
C) The price of the designated asset is determined at the beginning of the contract
D) The right to buy is called a put option

Question

Quizplus · Accepted Answer

The right to buy an asset at a predetermined price within a specified time frame is called a call option, not a put option. A put option gives the holder the right to sell an asset at a predetermined price.

Which of the Following Is NOT a Feature of Option