American options differ from European options in what way?
A) They can only be exercised on the day of expiry.
B) They can be exercised any time up until expiry.
C) They have no expiry date.
D) Their premium is zero.

Question

Quizplus · Accepted Answer

American options can be exercised at any time up until the expiry date, unlike European options, which can only be exercised on the expiry date.

American Options Differ from European Options in What Way