The buyer of a listed American option has which of the following rights?
I. the right to change the expiration date
II. the right to change the strike price
III. the right to resell the option
IV. the right to let the option expire unexercised
A) I and III only
B) III and IV only
C) I, III and IV only
D) II, III and IV only

Question

Quizplus · Accepted Answer

The buyer of a listed American option has which of the following rights?
I. the right to change the expiration date
II. the right to change the strike price
III. the right to resell the option
IV. the right to let the option expire unexercised

The Buyer of a Listed American Option Has Which of the Following