In regards to an options contract, which of the following is true? A contract giving the seller (writer) the right, but not the obligation, to buy or sell a given quantity of an asset at a specified price at some time in the future A contract giving the owner (buyer) the right, but not the obligation, to buy or sell a given quantity of an asset at a specified price at some time in the future Not a derivative, nor a contingent claim, security A contract that gives the owner (buyer) the obligation, to buy or sell a given quantity of an asset at a specified price at some time in the future