Put options give the buyer which of the following?
A)The right and obligation to sell a standardized contract of a financial asset or a futures agreement at a strike price set today.
B)The right but not the obligation to sell a standardized contract of a financial asset or a futures agreement at the strike price set today up to the expiration date on the contract.
C)The right to buy a standardized contract of a financial asset at a strike price set today.
D)None of the above is correct.

Question

Quizplus · Accepted Answer

Put options give the buyer the right, but not obligation, to sell a standardized contract of a financial asset or futures agreement at the strike price set today up to the expiration date. The buyer can choose to exercise the option or let it expire worthless.

Put Options Give the Buyer Which of the Following