A futures call option provides its holder with the right to ________.
A) purchase a particular stock at some time in the future at a specified price
B) purchase a futures contract for the delivery of options on a particular stock
C) purchase a futures contract at a specified price for a specified period of time
D) deliver a futures contract and receive a specified price at a specific date in the future

Question

Quizplus · Accepted Answer

A futures call option gives the holder the right to purchase a futures contract at a specified price within a specified period of time, not to purchase stock directly or options on a stock, nor does it involve delivering a futures contract.

A Futures Call Option Provides Its Holder with the Right