Option Trading Course Module 1: What is the characteristic of the American Style Monthly Option?

Question

What is the characteristic of the American Style Monthly Option?

David J Perrot · Accepted Answer

1) Expire on the 3rd Friday of the month
2) Are settled by shares changing hands for CASH
3) Can be assigned at any time for any reasons
4) Settles after the close on Friday expiration day

Option Trading Course Module 1

What is the characteristic of the American Style Monthly Option?

1) Expire on the 3rd Friday of the month 2) Are settled by shares changing hands for CASH 3) Can be assigned at any time for any reasons 4) Settles after the close on Friday expiration day

Author