nayana-c1.867c992ae9100904cc61c84591adf0f8f863e0387e30f0d0dbc86640e9f50a1a.en.train.343089

The task

What is required for a Participant to exercise an option? A. The Participant must notify the Company in advance. B. The Participant has already deposited and maintains sufficient collateral to fully collateralize the Underlying or funds necessary to complete delivery or payment of the option. C. The Participant must receive approval from the Risk Management Committee. D. The Participant must have a virtual wallet with the Company. Return only the single uppercase letter of the correct option.