An American put option gives its holder the
right to _________.
A: buy the underlying asset at the exercise price on or before the expiration date
B: buy the underlying asset at the exercise price only at the expiration date
C: sell the underlying asset at the exercise price on or before the expiration date
D: sell
the underlying asset at the exercise price only at the expiration
date
right to _________.
A: buy the underlying asset at the exercise price on or before the expiration date
B: buy the underlying asset at the exercise price only at the expiration date
C: sell the underlying asset at the exercise price on or before the expiration date
D: sell
the underlying asset at the exercise price only at the expiration
date
举一反三
- A __________ gives its holder the right to sell an asset for a specified exercise price on or before a specified expiration date. A: call option B: futures contract C: put option D: interest rate swap
- Which of the following is NOT true ( ) A: When a CBOE call<br/>option on IBM is exercised, IBM issues more stock B: An American<br/>option can be exercised at any time during its life C: An call option<br/>will always be exercised at maturity if the underlying asset price is<br/>greater than the strike price D: A put option will<br/>always be exercised at maturity if the strike price is greater than<br/>the underlying asset price.
- Comparing a long position in put option with a short position in call option, we find that ( ). A: both positions have rights but no obligations B: both positions benefit from an increase in the price of the underlying asset C: both positions will lose money if the price of the underlying remains unchanged D: both positions are potential sellers of the underlying asset
- When the price of underlying asset goes up a lot, the future contract is more likely to be default、
- An analyst does research about difference between forward market and future market. Compared with contracts in the forward market, contracts in the futures market are least likely to be appropriately described as transactions that are:（） A: public. B: customized according to the counterparts' requests. C: based on an agreement to buy or sell an underlying asset at a future date at a price agreed on today.