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:

Investor's Return

The profit or loss made on an investment, usually expressed as a percentage of the initial investment.

Stock Price

The cost of purchasing a share of a company’s stock, which fluctuates based on market conditions, investor perceptions, and company performance.