________ options allow the holder to exercise the option on any date up to and including the expiration date.
A) Canadian
B) American
C) European
D) None of the above

Question

Quizplus · Accepted Answer

American options give the holder the right to exercise the option at any time before the expiration date, while European options can only be exercised on the expiration date. Canadian options have different exercise rules depending on the type of underlying asset.

________ Options Allow the Holder to Exercise the Option on Any