Chapter 04 · Section 4.1
Orders- Options vs Securities
Which of the following must be contained in an options order, but need not be in a security order?
a) Whether it is a put or a call.
b) The strike price.
c) When the option expires.
d) All of the above.
The terms puts and calls describe whether it is a right to buy or to sell the underlying asset.
The strike price is the price at which the underlying asset can be bought or sold.