_______________________gives the buyer the right but not the obligation to sell a standardized basked of financial securities at a price determined today on a standardized date in the future.
A)A put option
B)A call option
C)A futures agreement
D)A swap agreement

Question

Quizplus · Accepted Answer

A put option is a contract that gives the buyer (holder) the right, but not the obligation, to sell a fixed amount of an underlying asset at a specified price within a specified time frame. This allows the holder to protect against potential losses in the value of the asset, or to profit from a decline in its value.

_______________________Gives the Buyer the Right but Not the Obligation to Sell