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The buyer of a call option has the right to exercise the option, but the seller (writer) of the call option has the: answer choices
The buyer of a call option has the right to exercise the option, but the seller (writer) of the call option has the:
answer choices
A. choice to offset with a put option upon exercise.
B. obligation to deliver the shares at the exercise price.
C. choice to deliver shares or take a cash payoff.
D. obligation to deliver a put option upon exercise.
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