For All Practical Purposes, Listed Stock Options Always Expire

question 62

Multiple Choice

For all practical purposes, listed stock options always expire

• A) on the last business day of the expiration month.
• B) on the first Monday of every calendar quarter.
• C) on the third Friday of the expiration month.
• D) three months from the date of the option purchase.

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Definitions:

Performance

The act of carrying out or completing a task or function with a certain level of efficiency and quality.

Productivity

A measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Spiritual Culture

Relates to the shared beliefs, practices, and values concerning the sacred or divine, influencing a group or community's way of life.

Ethical

Pertaining to or dealing with morals; concerning the distinction between right and wrong or good and bad behavior.