SIE Exam Question 887: Answer and Explanation

Question: 887

An option that can be exercised at any time up to and including its expiration date is a/an __________ style option.

• A. American
• B. Asian
• C. Australian
• D. European

Correct Answer: A

Explanation:

An option that can be exercised at any time up to and including its expiration date is an American style option.