Which of the following is not true regarding options?

Group of answer choices

A writer may be assigned to take action in the form of making or taking delivery of the stock.

The writer of a put option is said to have a short position.

A call writer expects the stock to remain the same or move down.

Out-of-the-money call options have an exercise price that exceeds the current market price of the underlying common stock.

Put and call options on equity securities are considered financial derivatives.