Finra Exam Series-7 Topic 3 Question 26 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 26
Topic #: 3

[All Series-7 Questions]

The expiration date of a listed option is:

Athe last day of the expiration month

Bthe third Saturday of the expiration month

Cthe Saturday following the third Friday of the expiration month

Dthe third Friday of the expiration month

Show Suggested Answer

Suggested Answer: C

the Saturday following the third Friday of the expiration month. It is NOT the third Saturday. The final day to trade options is the third Friday of the expiration month. The options expire the next da y.

by Clay at May 07, 2022, 11:41 PM

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