If the Holder of an Option Fails to Exercise the Option

question 11

True/False

If the holder of an option fails to exercise the option, the lapse of the option is considered a sale or exchange on the option expiration date.

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Definitions:

Outliers

Observations in data that are significantly distant from the majority of other data points, often indicating a measurement error or a novel phenomenon.

Gas Prices

The cost per unit volume of gasoline, often varying based on location, supply, demand, and taxes.

Distribution

The process by which goods are transported and delivered from a supplier to end consumer, or the statistical arrangement of values within a dataset.

Skewed

A description of a distribution that is not symmetrical, typically with a longer tail on one side of the peak than the other.