If you have a position where you might be obligated to buy Euros, you are:
A) a call writer.
B) a put writer.
C) a put buyer.
D) a futures seller.

Question

Quizplus · Accepted Answer

If you have a position where you might be obligated to buy Euros, you are a put buyer. This is because a put buyer has the right, but not the obligation, to sell an asset at a specified price on or before a certain date. In this case, the asset would be Euros, and the specified price would be the strike price of the put option.

If You Have a Position Where You Might Be Obligated