Exercise of a currency futures option results in
A)a long futures position for the call buyer or put writer.
B)a short futures position for the call buyer or put writer.
C)a long futures position for the put buyer or call writer.
D)a short futures position for the call buyer or put buyer.

Question

Quizplus · Accepted Answer

Exercising a currency futures option results in a long futures position for the call buyer or put writer, as the call buyer has the right to buy the underlying futures contract, and the put writer is obligated to buy the futures contract if the put is exercised.

Exercise of a Currency Futures Option Results in