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ACI

3I0-013 · Question #195

An American-style option is:

The correct answer is B. An option which can be exercised at any time between the purchase and expiration date. See the full explanation below for the reasoning.

Question

An American-style option is:

Options

  • AAn option traded in USD
  • BAn option which can be exercised at any time between the purchase and expiration date
  • CAn option based on any US dollar instrument
  • DAn option which can be exercised only on its expiry date

How the community answered

(31 responses)
  • A
    13% (4)
  • B
    77% (24)
  • C
    6% (2)
  • D
    3% (1)

Community Discussion

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