If the Holder of an Option Fails to Exercise the Option

question 11

True/False

If the holder of an option fails to exercise the option, the lapse of the option is considered a sale or exchange on the option expiration date.

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Definitions:

Format Modifiers

Format modifiers in C/C++ are used with printf or scanf functions to specify the type and format of data to be input/output, such as %d for integers.

Symbol

In programming and computing, a symbol is a character or string that uniquely identifies a variable, function, or other entity within a program.

Conversion Control Sequence

A method in programming languages to convert data from one format to another.