Expiration Dates in the Option Market

question 28

Multiple Choice

Expiration dates in the option market:

• A)were expanded by the introduction of LEAPS.
• B)are variable depending on the company.
• C)are limited to a maximum of 9 months.
• D)occur every month on a 12-month calendar basis for each equity option tradeD.

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Definitions:

Hill-Burton Act

A U.S. federal law passed in 1946 that provided funds to hospitals, nursing homes, and other health facilities for construction and modernization, in exchange for agreeing to provide a reasonable volume of services to persons unable to pay.

Hospitals Improvement

Initiatives or actions taken to enhance the quality of care, efficiency, and patient outcomes in hospital settings.

Biomedical Research

The study of the biological and health sciences to understand diseases, develop treatments, and improve medical diagnosis and therapy.

National Institutes of Health

An important part of the U.S. Department of Health and Human Services and the largest source of biomedical and public health research funding in the world.