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The buyer of a call option has the choice to exercise, but the writer of the call option has: a. the obligation to call the
The buyer of a call option has the choice to exercise, but the writer of the call option has:
a. | the obligation to call the shares in. | |
b. | the obligation to deliver the shares at exercise. | |
c. | the choice to offset with a put option. | |
d. | the choice to deliver shares or take a cash payoff. |
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