Owning options is said to be being long volatility implied


Which of the following statements regarding options is false?

A. Owning options is said to be being "long volatility"

B. Implied volatility is a forward-looking estimate

C. A put's implied volatility can differ from a call's volatility even if these options have the same term and the same underlying asset

D. The volatility component of an option cannot be hedged

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Financial Management: Owning options is said to be being long volatility implied
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