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

Question

Quizplus · Accepted Answer

An options contract gives the owner the right to buy or sell an asset at a fixed price at some future date, but it does not obligate them to do so.

An Options Contract Gives the Owner the ________ but Not