Examples of American Style Option in a sentence
An Option may either be a European Style Option or an American Style Option as prescribed in the Contract Specifications of that Contract and must be exercised in accordance with the Clearing House Rules.
The holder of an American Style Option which wishes to Exercise on a non Expiry Day shall submit such Exercise request through the Clearing System via its electronic connection.
The term " American Style Option" means an Option that can be exercised at any time between the purchase date and the expiration date under its Contract Terms.
The holder of an American Style Option which wishes to Exercise on a non Expiration Day shall submit such Exercise request through the Clearing System via its electronic connection.
Option Contract or Option: Contract whereby the buyer acquires the right, but not the obligation, to buy (CALL) or sell (PUT) the Underlying Asset at an agreed price (Strike Price) on a future date Such contract may be exercised only on the Expiration Date (European Style Option) or at any time prior to the Expiration Date (American Style Option) or on several dates, as set forth in the General Conditions of each Contract.