Which of the following statements about options are not correct:

I. The price specified in the contract is sometimes referred to as a strike and is the price the buyer of the option pays to the issuer;

II. Options can be traded on the exchange and over-the-counter;

III. Call option is the right to but, whereas put option is the right to sell;

IV. Europen type options are traded only in Europe whereas American type options can be traded worldwide.

Select one:

a.II and III

b.I and III

c.I and II

d.I and IV

e.II and IV