1. Which is true about the seller of a put option?
(a) They have the right to buy the underlying
(b) They have the right to sell the underlying
(c) They have the obligation to buy the underlying
(d) They have the obligation to sell the underlying
2. Which is true about the holder of a call option?
(a) They have the right to buy the underlying
(b) They have the right to sell the underlying
(c) They have the obligation to buy the underlying
(d) They have the obligation to sell the underlying
3. Which is true about the seller of a call option?
(a) They have the right to buy the underlying
(b) They have the right to sell the underlying
(c) They have the obligation to buy the underlying
(d) They have the obligation to sell the underlying
4. Which is true about the holder of a put option?
(a) They have the right to buy the underlying
(b) They have the right to sell the underlying
(c) They have the obligation to buy the underlying
(d) They have the obligation to sell the underlying