Choose which sentence is false.

A.

When you own a call option, you have the right to buy the asset.

B.

A option contract gives the writer the right, but not the obligation,

to buy or sell a particular asset on or before a specifice date in the

furture at a specific price.

C.

When you own a put option, you have the right to sell the asset.

D.

When you own a stock option, you have right, but not the obligation,

to buy or sell a share of stock on or before a given date for a given price.