An option that can be exercised any time before its expiration date is called a(n)
A)European option.
B)American option.
C)call option.
D)put option.

Question

Quizplus · Accepted Answer

An option that can be exercised any time before its expiration date is called an American option. European options can only be exercised on the expiration date. Call and put options refer to the right to buy or sell an underlying asset, respectively.

An Option That Can Be Exercised Any Time Before Its