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:

Boiling Point

The temperature at which a liquid's vapor pressure equals the external pressure surrounding the liquid, causing it to boil.

Boiling Points

The temperature at which a substance transitions from the liquid phase to the gas phase at atmospheric pressure.

Isomers

Substances that share the same molecular formula, yet differ in the arrangement of their atoms, resulting in distinct physical and chemical characteristics.

Acetylene

A colorless hydrocarbon with the formula C2H2, characterized by a triple carbon-carbon bond, used as a fuel and a chemical building block.