Question 585 option
A man just sold a call option to his counterparty, a lady. The man has just now:
(a) Bought the right to buy the underlying asset from her at maturity if he wants.
(b) Bought the right to sell the underlying asset to her at maturity if he wants.
(c) Sold the right that allows her to buy the underlying asset from him at maturity if she wants.
(d) Sold the right that allows her to sell the underlying asset to him at maturity if she wants.
(e) Sold a contract that obliges him to buy the underlying asset from her at maturity if she wants.