Consider the greater volatility for the buyer of both call and put options. Choose the correct answer below.

A$.$

More volatility means the stock price will go higher. A higher stock price always creates more$$ wealth, which leads to a higher premium.

B$.$

More volatility extends the$$ option's maturity.

C$.$

More volatility creates a greater likelihood that events will move in the option$$ buyer's favour before the option matures.

D$.$

More volatility shortens the$$ option's maturity.