__________ are standardized contracts that give the buyer the right, but not the obligation, to buy or sell an asset in the future at a price determined today up to the expiration date on the contract.
A)Put options
B)Call options
C)Options
D)Options on futures

Question

Quizplus · Accepted Answer

Options are standardized contracts that give the buyer the right, but not the obligation, to buy (call option) or sell (put option) an asset in the future at a price determined today up to the expiration date on the contract. Options on futures are a separate category of options that are based on futures contracts.

__________ Are Standardized Contracts That Give the Buyer the Right