Exchange-Listed Options Expire on the Saturday Following the Third Friday

question 30

True/False

Exchange-listed options expire on the Saturday following the third Friday of the month.

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Definitions:

Ethical Theories

Philosophical frameworks used to understand, analyze, and apply ethical principles to decision-making processes.

Virtue-Based

Pertains to ethics and moral philosophy emphasizing the role of character and virtue in moral theory rather than either doing one’s duty or acting in order to bring about good consequences.

Ethical Theory

A field of philosophy focused on organizing, justifying, and advising on principles of ethical and unethical actions.

Moral Obligation

A duty or commitment to act in a way that is considered morally right.