What is the essential difference between a call option and a put option?

A) A call option transaction occurs now, while a put option transaction takes place in the future.
B) An call option transaction is the right to purchase the underlying asset, while a put option is the right to sell the underlying asset.
C) An call option transaction is not standardized, while put option transaction is standardized.
D) An call option transaction deals with financial assets, while a put option transaction deals with commodities.


B

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