In a put option,the:
A) writer is locked into handing over the underlying asset at a specified time.
B) buyer has the option to sell the specified asset at a specified time.
C) buyer is locked into receiving the underlying asset at a specified time.
D) seller must hand over the specified asset at a specified time.

Question

Quizplus · Accepted Answer

In a put option, the buyer has the option to sell the specified asset at a specified time. The writer, or seller, is obligated to buy the asset at the specified price if the buyer decides to exercise their option to sell.

In a Put Option,the