Celastila Moonn, a GLBAAF 301 student at UMB, made the following statements after finishing the week three readings.

Statement 1: Marking to market of futures contracts is the process of realizing gains and losses each day as the futures contract changes in price.

Statement 2: The buyer of a call option on stock benefits if the underlying stock price rises or if the volatility of the stock's price increases.

With respect to above statements, is Moonn correct?

	A.	For statement 1 only
	B.	For statement 2 only
	C.	Yes, both statements 1and 2 are correct