In the options market,a put option gives the right to sell and a call option gives the right to buy currency.

Question

Quizplus · Accepted Answer

This statement is true. A put option gives the holder the right to sell an underlying currency at a specified price (strike price) before or at the expiration date. A call option, on the other hand, gives the holder the right to buy an underlying currency at a specified price (strike price) before or at the expiration date.

In the Options Market,a Put Option Gives the Right to Sell