n NISM Certifications
VIII NISM Series VIII
Medium

A buyer of Put Option –

Practice question from NISM Series VIII - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Has the obligation to take delivery of asset

  2. B

    Has the right to buy the underlying asset

  3. Has the right to sell the underlying asset

    Correct answer

  4. D

    Has the obligation to give delivery of asset

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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