A call option provides an options holder
A) the obligation to buy foreign currency at a specific price.
B) the obligation to sell foreign currency at a specific price.
C) the right to buy foreign currency at a specific price.
D) the right to sell foreign currency at a specific price.

Question

Quizplus · Accepted Answer

A call option gives the holder the right, but not the obligation, to buy foreign currency at a specific price.

A Call Option Provides an Options Holder