Exchange-Traded Stock Options Expire

question 3

Multiple Choice

Exchange-traded stock options expire

• A) On the first day of the expiration month.
• B) On the last day of the expiration month.
• C) On the 15^th day of the expiration month.
• D) On the first Monday of the expiration month.
• E) On the third Friday of the expiration month.

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Definitions:

Surgical Therapy

Medical treatment involving operations to repair, remove, or replace diseased parts of the body.

Retinal Detachment

A serious eye condition where the retina at the back of the eye pulls away from its normal position, potentially leading to permanent vision loss if not treated promptly.

Retina

a layer of tissue at the back of the eye that senses light and sends images to the brain, enabling vision.

Organ of Corti

A structure located within the cochlea of the inner ear, containing hair cells that act as sensory receptors for sound.