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Expiration Date
The specific date on which an options or futures contract becomes void and the right to exercise it no longer exists.
American Call
An option contract that allows the holder to buy a specified quantity of an underlying asset at a set price before the contract expires.
Option Exercise
The act of utilizing the right, but not the obligation, to buy or sell an underlying security at a pre-determined price within a specified time frame.
Expiration Date
The last day on which an options or futures contract is valid and can be exercised.
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