A put option gives the owner Select one: O a. the right to buy the underlying security. o b. the obligation to sell the underlying security O c. the right to sell the underlying security o d. the obligation to buy the underlying security. All other things held constant, premiums on options will increase when the Select one: a. strike price increases. b. term to maturity decreases. c. futures price increases. O o d. volatility of the undertying asset increases