1.The writer of a put or call is the

		a.party who guarantees that the terms of the option will be satisfied.
		b.can limit risk by letting the option expire unexercised.
		c.party who creates an option by selling it.
		d.the institution that brings buyers and sellers of an option together in a transaction.

2. The strike price of a put option is the price

a.		at which the underlying stock can be bought.
	b.	of the underlying stock at the time that the options contract is purchased.
		c.at which the underlying stock can be sold.
		d.an investor must pay for the options contract.