Which of the following describes a difference between a warrant and an exchange-traded stock option?

A) a warrant provides a warranty on the performance of an instrument but an option provides insurance against adverse price movements

B) warrants cannot be traded but exchange-traded options can be

C) warrants do not have a strike price but options have

D) There are a fixed number of warrants issued, but the open-interest and the volume of the exchange-traded options depends on the trading activity