SOFE
AFE · Question #59
An instrument that grants the holder the right but not the obligation to buy the underlying asset at a specified strike price is known as:
The correct answer is B. Call Option. See the full explanation below for the reasoning.
Question
An instrument that grants the holder the right but not the obligation to buy the underlying asset at a specified strike price is known as:
Options
- ASell Option
- BCall Option
- CBuy Option
- DNone of the above
How the community answered
(46 responses)- A9% (4)
- B72% (33)
- C15% (7)
- D4% (2)
Community Discussion
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