Which one of the following statements correctly describes your situation as the owner of an American call option?
You are obligated to buy at a set price at any time up to and including the expiration date.
You have the right to sell at a set price at any time up to and including the expiration date.
You have the right to buy at a set price only on the expiration date.
You are obligated to sell at a set price if the option is exercised.
You have the right to buy at a set price at any time up to and including the expiration date.