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

Question

What is the characteristic of the European Style Monthly Option?

David J Perrot · Accepted Answer

1) Expire on the Thursday BEFORE the 3rd Friday of the month
2) Are settled by CASH exchange ONLY as Indexes DO NOT have shares
3) Can only be assigned by the buyer are expiration (not at any time)
4) Settled by mid day on Friday, following the Thursday expiration

Option Trading Course Module 1

What is the characteristic of the European Style Monthly Option?

1) Expire on the Thursday BEFORE the 3rd Friday of the month 2) Are settled by CASH exchange ONLY as Indexes DO NOT have shares 3) Can only be assigned by the buyer are expiration (not at any time) 4) Settled by mid day on Friday, following the Thursday expiration

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