单选题 What is the most likely effect of an increase in volatility on the price of a: Call option Put option ①A. Decrease Increase ②B. Decrease Decrease ③C. Increase Increase

A、

A. ①
B、

B. ②
C、

C. ③

【正确答案】 C

【答案解析】Higher volatility increases call and put option prices because it increases both the possible upside and downside values of the underlying.