Choose which sentance is false.       A. When you own a call​ option, you have the right to buy the asset.   B. A option contract gives the writer the​ right, but not the​ obligation, to buy or sell a particular asset on or before a specifice date in the furture at a specific price.   C. When you own a put​ option, you have the right to sell the asset.   D. When you own a stock​ option, you have​ right, but not the​ obligation, to buy or sell a share of stock on or before a given date for a given price.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Choose which sentance is false.
 
 
 
A.
When you own a call​ option, you have the right to buy the asset.
 
B.
A option contract gives the writer the​ right, but not the​ obligation,
to buy or sell a particular asset on or before a specifice date in the
furture at a specific price.
 
C.
When you own a put​ option, you have the right to sell the asset.
 
D.
When you own a stock​ option, you have​ right, but not the​ obligation,
to buy or sell a share of stock on or before a given date for a given price.
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