The exercise provision of the S&P 100 index option is that:
A) It cannot be exercised until expiration.
B) It can be exercised any time up to and including the expiration date.
C) It cannot be exercised early.
D) a and c only.
E) None of the above.

Question

Quizplus · Accepted Answer

The S&P 100 index option is an American-style option, which means it can be exercised at any time up to and including the expiration date.

The Exercise Provision of the S&P 100 Index Option Is