________ grants the buyer the right to sell one designated futures contract to the writer at the exercise price. That is, the option buyer has the right to acquire a short position in the designated futures contract.

Question

Quizplus · Accepted Answer

A put option on a futures contract gives the buyer the right, but not the obligation, to sell the underlying futures contract at a predetermined price (exercise price or strike price) on or before the expiration date. This means the buyer has the option to acquire a short position in the designated futures contract.

________ Grants the Buyer the Right to Sell One Designated