Chapter 02 · Section 2.1

Option Classification

XYZ call AUG 45
XYZ call AUG 50
XYZ call SEP 40

These options are all of the same

a) type;
• b) class;
  No. Answer (b) is correct: the two options have the same underlying asset, therefore represent the same class. But there is another correct selection.
  c) series.

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