The act where an owner of an option buys or sells the underlying asset, as is their right, is called _____________ the option.
A) Striking.
B) Exercising.
C) Opening.
D) Splitting.
E) Strangling.

Question

Quizplus · Accepted Answer

Exercising an option refers to the act of the option holder choosing to buy or sell the underlying asset at the agreed-upon price within the specified time frame.

The Act Where an Owner of an Option Buys or Sells