Q625
At last day when European and American option can be exercised is classified as
A.
European date
B.
American date
C.
expiration date
AnswerD.
money date
Answer: Option C
Solution
Answer: Option C
Solution:
At last day when European and American option can be exercised is classified as expiration date. An expiration date in derivatives is the last day that a derivative, such as options or futures, is valid. On or before this day, investors will have already decided what to do with their expiring position.