A put 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 put option gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

A Put Option Provides an Options Holder