A buyer of a futures contract:
A) may let the contract expire with no action required
B) has an obligation to buy the underlying asset
C) has a right, but not an obligation, to buy the underlying asset
D) must pay the futures price when the contract is made

Question

Quizplus · Accepted Answer

A buyer of a futures contract is obligated to buy the underlying asset at the contract's expiration, unlike options where the buyer has a right but not an obligation.

A Buyer of a Futures Contract