The Seller of a European Call Option Has the

The seller of a European call option has the

A) obligation to sell the underlying stock at the strike price if the option is exercised.
B) right but not the obligation to exercise the option on the expiration date.
C) obligation to buy a stock on a specified date but only at the specified price.
D) obligation to buy a stock sometime during a specified period of time at the specified price.
E) obligation to buy a stock at the lower of the exercise price or the market price on the expiration date.