Ownership of a call option entitles the owner to the ________ to ________ a specific share, on or before a specific date, at a specific price.
A)right, buy
B)right, sell
C)obligation, buy
D)obligation, sell

Question

Quizplus · Accepted Answer

Ownership of a call option gives the owner the right to buy a specific share, on or before a specific date, at a specific price. Therefore, the correct choice is A - right to buy.

Ownership of a Call Option Entitles the Owner to the ________