expiration
2 explainers · 12 quiz questions tagged “expiration”.
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Options Explained: Calls, Puts, Strikes and Expiration
An option is a contract, not a share. Learn the four building blocks every option shares — call vs. put, strike price, expiration and premium — and what it means to be the buyer versus the writer.
Options Expiration and Assignment
Every option has a deadline. Learn what happens at expiration, the difference between exercise and assignment, and why time decay works against option buyers every day.
Quiz questions
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Difficulty 30/100 Expiration
What is the difference between American- and European-style options?
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Difficulty 32/100 Expiration
Two $100 calls on the same stock: one expires in 1 month, the other in 6 months. Which costs more?
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Difficulty 34/100 Expiration
You sold one $40 put and are assigned. What happens in your account?
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Difficulty 35/100 Expiration
You hold a European-style call that is deep in the money with three weeks left. Can you exercise it today?
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Difficulty 36/100 Expiration
What does it mean to be "assigned" on an option?
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Difficulty 44/100 Expiration
Most options on individual US stocks are which style?
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Difficulty 46/100 Expiration
At expiry, your $30 call is in the money by $0.05 and you have not given any instructions. What typically happens at a US broker?
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Difficulty 50/100 Expiration
You hold an in-the-money call on a cash-settled index such as SPX at expiry. What do you receive?
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Difficulty 52/100 Expiration
Your call is in the money with two months left and still has meaningful time value. What usually makes more sense?
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Difficulty 56/100 Expiration
Which are ways an option position can end? Select all that apply.
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Difficulty 58/100 Expiration
You sold a call, and one holder of that series exercises. How is it decided which seller is assigned?
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Difficulty 66/100 Expiration
What is the simplest way to avoid pin risk on a short option spread?
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