An options contract gives the owner the ________ but not the ________ to buy or sell an asset at a fixed price at some future date.
A)obligation,right
B)right,option
C)right,obligation
D)option,right
E)obligation,option

Question

Quizplus · Accepted Answer

An options contract gives the owner the right but not the obligation to buy or sell an asset at a fixed price at some future date. This means the owner can choose to execute the contract but is not required to do so.

An Options Contract Gives the Owner the ________ but Not