n NISM Certifications
VIII NISM Series VIII
Medium

The buyer of an option is one who has a _______ but not the ______ to buy/sell the underlying asset in the contract.

Practice question from NISM Series VIII - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Right , Obligation

    Correct answer

  2. B

    Obligation , Right

  3. C

    Duty , Claim

  4. D

    Claim , Duty

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

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