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:

Productivity

The effectiveness of productive effort, measured in terms of the rate of output per unit of input, often used to gauge the efficiency of an organization or industry.

Backup Source

An alternative or secondary supplier, system, or method available in case the primary option fails, to ensure continuity.

Unused Capacity

Resources or assets that are available but not currently being used to their fullest potential in production or operations.

Wasted Capacity

Resources or facilities that are underused or not used to their full potential, leading to inefficiency and lost productivity.