Options Expire on the ________ of the Expiration Month

question 57

Multiple Choice

Options expire on the ________ of the expiration month.

• A) last trading day
• B) 3^rd Friday
• C) last Friday
• D) Saturday following the 3^rd Friday
• E) Saturday following the last Friday

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Definitions:

Sample Size

The number of observations or participants included in a statistical sample.

Mean Value

The average of a set of numbers, calculated by dividing the sum of all the numbers by the count of the numbers.

Mode

The mode, or the value with the highest frequency, in a set of numbers.

Males

Refers to the male gender or sex, typically used in studies or statistics to denote participants or subjects that are biologically male.