Which of the following about options and futures is NOT correct?

A$)$ A futures contract gives the owner the obligation to buy$/$sell an asset at a fixed price at a

future date.

B$)$ An option contract gives the owner the right but not the obligation to buy$/$sell an asset at

a fixed price at a future date.

C$)$ The option writer is the buyer of an option contract.

D$)$ The strike price is the price at which an option holder buys$/$sells an asset when the option

is exercised.

D

C

B

A