Q676
Type of options in which buyer of options has call on 200 shares in stock is classified as
A.
call option
AnswerB.
stated option
C.
unstated option
D.
contractual option
Answer: Option A
Solution
Answer: Option A
Solution:
Type of options in which buyer of options has call on 200 shares in stock is classified as call option. Call options are agreements that give the option buyer the right, but not the obligation, to buy a stock, bond, commodity or other instrument at a specified price within a specific time period.