Chapter 7 Flashcards

1
Q

Right to buy the underlying currency at strike price

A

Buyer of a Call

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2
Q

Obligated to buy at a strike price

A

Writer of a Call

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3
Q

Right to sell at strike price

A

Put option

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4
Q

Obligated to sell at strike price

A

Writer of a Put

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5
Q
A
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