1. Which of the following is true about the seller of a put option?
a They have the right to buy the underlying
b They have the right to sell the underlying
c They have the obligation to buy the underlying
d They have the obligation to sell the underlying
2. Which of the following is true about the holder of a call option?
a They have the right to buy the underlying
b They have the right to sell the underlying
c They have the obligation to buy the underlying
d They have the obligation to sell the underlying
3. Which of the following is true about the seller of a call option?
a They have the right to buy the underlying
b They have the right to sell the underlying
c They have the obligation to buy the underlying
d They have the obligation to sell the underlying
4. Which of the following is true about the holder of a put option?
a They have the right to buy the underlying
b They have the right to sell the underlying
c They have the obligation to buy the underlying
d They have the obligation to sell the underlying
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