Business / Taxes / European Style Option: A listed option that you can exercise only on the last trading day before the expiration date is called a European style option whether it trades on a US exchange, a European exchange, or elsewhere in the world. For example, many index options listed on various US exchanges are European-style options. In contrast, you can exercise an American style option at any point between the day you purchase it and its expiration date. All equity options are American style, no matter where the exchange on which they trade is located.
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Option Noun Synonyms: choice, selection, alternative, recourse, opportunity, way out
Option Adjective Synonyms: choice, privilege, election, opportunity, chance
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Style Adjective Synonyms: luxury, high style, comfort, opulence, splendour, elegance
Style Noun Synonyms: type, kind, variety, category, genre, sort, manner, mode, make, design, fashion, look, period, pattern, configuration, line, cut, shape, form
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Business / Finance / American-Style Option: An option contract that can be exercised at any time between the date of purchase and the expiration date. Most exchange-traded options are American style. MORE
Business / Finance / Option Cycle: The cycle of option expiration months. The most common cycles are: January, April, July, and October (JAJO); February, May, August, and November (FMAN); and March, June, September, and December (MJSD) MORE
Business / Finance / Option Elasticity: The percentage increase in an option's value, given a 1 percentage point change in the value of the underlying security. MORE