Which of the following is not true concerning call option writers?;A. Writers promise to deliver shares if exercised by the buyer.;B. The writer has the option to sell shares but not an obligation.;C. The writer's liability is zero if the option expires out-of-the-money.;D. The writer receives a cash payment from the buyer at the time the option is purchased.;E. The writer has a loss if the market price rises substantially above the exercise price.
Paper#28904 | Written in 18-Jul-2015Price : $27