A(n) _________ option gives the owner the right, but not the obligation, to sell an asset within the option period.
A) call
B) put
C) American
D) European
E) index

Question

Quizplus · Accepted Answer

A put option grants the owner the right to sell an asset at a specified price within the option period, unlike a call option which gives the right to buy. American and European options refer to the timing of exercising the option, not the right to buy or sell. Index options are options on indexes, not a type that specifies buying or selling rights.

A(n) _________ Option Gives the Owner the Right, but Not