American Option
Option exercisable anytime before expiration
What is American Option?
American Option An option that can be exercised at any time before expiration. Most stock options in the US are American-style.
Complete Definition
An option that can be exercised at any time before expiration. Most stock options in the US are American-style.
Example
You hold an AAPL call that expires in 30 days. As an American option, you can exercise it today if AAPL spikes.
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