Which of the following gives the right, but not an obligation, to buy the underlying at a stated date
Which of the following gives the right, but not an obligation, to buy the underlying at a stated date and at a stated price?
[A]Call Option
[B]Put Option
[C]Forward Option
[D]Forward contract
Call Option
An Option is a contract which gives the right, but not an obligation, to buy or sell the underlying at a stated date and at a stated price.