An American put option can be exercised
A) any time on or before the expiration date.
B) only on the expiration date.
C) any time in the indefinite future.
D) only after dividends are paid.
E) None of the options are correct.

Question

Quizplus · Accepted Answer

An American put option gives the holder the right to sell the underlying asset at a specified price any time on or before the option's expiration date.

An American Put Option Can Be Exercised