Which one of the following statements about options is not true? An exchange traded long call position will be matched with a short (written) call position. The same applies to put options O Options provide leverage to investors. Leverage, however, magnifies returns, both positive and negative, which is why options are sometimes viewed as being very risky The holder of an option has the right, but not the obligation, to buy or sell an underlying asset at some time in the future at a fixed price. This is the key distinction between options and forward/futures contracts. The payoffs of American and European options are always different from each other