Which of the Following Is NOT True About Exchange-Trade Equity

question 4

Multiple Choice

Which of the following is NOT true about exchange-trade equity options that mature in different months?

• A) They are certificateless securities trading on the CBOE,NYSE Euronext,Eurex,and other exchanges.
• B) They stop trading on the third Thursday of the expiration month and expire on the following Friday afternoon.
• C) Each option contract usually represents rights to 100 shares.
• D) The option contract is adjusted for cash dividends.
• E) Their value primarily depends on underlying instrument's price and standard deviation,time to maturity,strike price,interest rate.

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