When the N

question 6

Short Answer

When the N.C. symbol is programmed in a ladder diagram, the processor views it as a request to examine the address of the contact for a(n) ___________________ condition.

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Definitions:

European Options

Options that can only be exercised at the expiration date, not before.

Expiration Date

The date on which an option, futures contract, or similar financial instrument becomes void and the right to exercise it ceases.