Choose the correct code for the following statements being correct or incorrect.Statement I: An option which gives its holder the privilege of selling to other party a fixed amount of some stock at a stated price on or before a predetermined date is known as call option.Statement II : In an option, the holder has the privilege of purchasing from other party a fixed amount of some stock at a stated price on or before a predetermined date is known as put option.

Question

TuteeHUB · Accepted Answer

Statement I is correct, but II is incorrect.

TuteeHUB · Answer

Both the statement I and II are correct.

TuteeHUB · Answer

Both the statement I and II are incorrect.

TuteeHUB · Answer

Statement II is correct, but I is incorrect.

1.	Choose the correct code for the following statements being correct or incorrect.Statement I: An option which gives its holder the privilege of selling to other party a fixed amount of some stock at a stated price on or before a predetermined date is known as call option.Statement II : In an option, the holder has the privilege of purchasing from other party a fixed amount of some stock at a stated price on or before a predetermined date is known as put option.
A.	Both the statement I and II are correct.
B.	Both the statement I and II are incorrect.
C.	Statement I is correct, but II is incorrect.
D.	Statement II is correct, but I is incorrect.
Answer» C. Statement I is correct, but II is incorrect.

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