The last day on which an owner of an option can elect to exercise is the _____ date.
A) ex-payment
B) ex-option
C) opening
D) expiration
E) intrinsic

Name: The last day on which an owner of an option can elect to exercise is the _____ date. A) ex-payment B) ex-option C) opening D) expiration E) intrinsic
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Question

Quizplus · Accepted Answer

The expiration date is the final day in which an owner of an option can choose to exercise it. It is the date on which the option contract officially terminates.

The Last Day on Which an Owner of an Option