An American call option grants the holder the right to:
A)sell the underlying security at the strike price on or before the expiration date.
B)sell the underlying asset at the strike price only on the expiration date.
C)buy the underlying asset at or below the exercise price on or before the expiration date.
D)buy the underlying asset at the exercise price only on the expiration date.
E)buy the underlying security at a stated price on or before the expiration date.

Question

Quizplus · Accepted Answer

An American call option gives the holder the right to buy the underlying security at a stated price (the strike price) at any time on or before the option's expiration date.

An American Call Option Grants the Holder the Right To