2. Options [LO 24.1] Complete the following sentence for each of these investors: 1. A buyer of...

Question:

2. Options [LO 24.1] Complete the following sentence for each of these investors:

1. A buyer of call options.

2. A buyer of put options.

3. A seller (writer) of call options.

4. A seller (writer) of put options.

‘The (buyer/seller) of a (put/call) option (pays/receives) money for the

(right/obligation) to (buy/sell) a specified asset at a fixed price for a fixed length of time.’

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