An American put option can be exercised
A)any time on or before the expiration date.
B)only on the expiration date.
C)any time in the indefinite future.
D)only after dividends are paid.

Question

Quizplus · Accepted Answer

An American put option can be exercised any time on or before the expiration date. This gives the option holder the flexibility to exercise the option at any time that is most advantageous to them.

An American Put Option Can Be Exercised