The type of option that gives the right to buyer to buy the underlying option at specific exercise price is considered as _________?

Correct answer: C. call option

  • A. European option
  • B. Australian option
  • C. call option
  • D. put option

Explanation

A call option gives its holder the right to buy the underlying asset at the exercise price. A put option gives the right to sell, while European describes exercise timing rather than the buy-or-sell right.

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