____________ contracts are agreements by two parties to engage in a financial transaction at a future point in time.

A. Forward
B. Futures
C. Option
D. Swap

_______________are contracts that give the purchaser the right to buy or sell the underlying financial instrument at a specified price within a specific period of time.

A. Forwards
B. Futures
C. Options
D. Swap

A/An _____________ can be exercised at any time up to the expiration date of the contract.

A. European option
B. call option
C. American option
D. put option

The term “___________________” in financial markets refers to any instrument or contract that derives its value from another underlying asset, instruments or contracts.

options 中文意思为：