Exam 2016-FRR Topic 1 Question 166 Discussion

A. An American call option gives the buyer of that call option the right to buy the underlying instrument on
any date up to and including the expiry date.

B. An American call option gives the buyer of that call option the right to buy the underlying instrument on
the expiry date.

C. An American call option gives the buyer of that call option the right to sell the underlying instrument on
any date up to and including the expiry date.

D. An American call option gives the buyer of that call option the right to sell the underlying instrument on
the expiry date.