When an Option can be exercised on any date up to maturity, it is called

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Quizplus · Accepted Answer

An American Option allows the holder to exercise the option at any time up to and including the expiration date, making it more flexible than a European Option, which can only be exercised at maturity. There is no such thing as a British Option in standard financial terminology, and "Flexible Option" is not a term commonly used to describe options based on their exercise terms.

When an Option Can Be Exercised on Any Date Up