Which of the following is acquired (in addition to a cash payoff)when the holder of a put futures exercises?
A) A long position in a futures contract
B) A short position in a futures contract
C) A long position in the underlying asset
D) A short position in the underlying asset

Question

Quizplus · Accepted Answer

The holder of the put acquires a short futures position which can be immediately closed out if desired.

Which of the Following Is Acquired (In Addition to a Cash