A writer of a call option closes the position by
A)purchasing the stock
B)selling the stock
C)purchasing the option
D)selling the option

Name: A writer of a call option closes the position by A)purchasing the stock B)selling the stock C)purchasing the option D)selling the option
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A writer of a call option can close the position by purchasing an identical call option, effectively nullifying the obligation to sell the underlying asset at the strike price.

A Writer of a Call Option Closes the Position by