Series 3 – The National Commodities Futures Test Practice Test
Series 3 – The National Commodities Futures Test Options on Futures Contracts
What does purchasing a call option on a futures contract give the buyer the right to do?
Select your answer
A
Sell the underlying futures contract at the strike price
B
Buy the underlying futures contract at the strike price
C
Sell the underlying commodity at the current market price
D
Buy the underlying commodity at a discount to market price
Hint
