If an Option Is Traded on More Than One Exchange

question 12

True/False

If an option is traded on more than one exchange, it may be bought, sold, or closed out on any exchange.

---

Definitions:

Operating Assets

Assets used by a business in its day-to-day operations to generate income, including property, plant, and equipment but excluding investments and non-operational assets.

Return On Investment

A measure used to evaluate the efficiency or profitability of an investment compared to its cost.

Operating Assets

Resources owned by a business that are used in its day-to-day operations to generate revenue, such as machinery, buildings, and equipment.

Net Operating Income

The profit a company generates from its operations, before taxes and interest, calculated as gross income minus operating expenses.