Options on Futures Contracts Expire After the Underlying Futures Contract

question 24

True/False

Options on futures contracts expire after the underlying futures contract expires.

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Definitions:

Orientation

Refers to a person's awareness of time, place, and person - understanding who they are, where they are, and the current date and time.

Spokane

Spokane is a city located in eastern Washington State, U.S.A., known for its parks and cultural significance.

Person's Judgment

The ability of an individual to make considered decisions or come to sensible conclusions.

Discharged from Hospital

The process of formally releasing a patient from a hospital after treatment, indicating they no longer need inpatient care.