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Basic Question 0 of 5
The owner of a ______ option anticipates the underlying security to ______ in terms of value.
II. put; decrease
III. call; increase
IV. call; decrease
I. put; increase
II. put; decrease
III. call; increase
IV. call; decrease
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.

Martin Rockenfeldt
Learning Outcome Statements
identify the factors that determine the value of an option and describe how each factor affects the value of an option
CFA® 2025 Level I Curriculum, Volume 5, Module 8.