An option that gives the owner the right, but not the obligation, to buy an asset is called a:
A) Parity option.
B) Call option.
C) Put option.
D) Straddle option.
E) Strangle option.

Name: An option that gives the owner the right, but not the obligation, to buy an asset is called a: A) Parity option. B) Call option. C) Put option. D) Straddle option. E) Strangle option.
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Question

Quizplus · Accepted Answer

A call option gives the owner the right, but not the obligation, to buy an asset at a specified price on or before a specified date.

An Option That Gives the Owner the Right, but Not