With currency futures options the underlying asset is
A)foreign currency.
B)a call or put option written on foreign currency.
C)a futures contract on the foreign currency.
D)none of the options

Question

Quizplus · Accepted Answer

Currency futures options have a futures contract on the foreign currency as their underlying asset. This means that the value of the option is directly tied to the value of the futures contract on the currency, which in turn is tied to the value of the currency itself.

With Currency Futures Options the Underlying Asset Is