![Option Valuation Lecture XXI. n What is an option? In a general sense, an option is exactly what its name implies - An option is the opportunity to buy. - ppt download Option Valuation Lecture XXI. n What is an option? In a general sense, an option is exactly what its name implies - An option is the opportunity to buy. - ppt download](https://images.slideplayer.com/24/7073629/slides/slide_6.jpg)
Option Valuation Lecture XXI. n What is an option? In a general sense, an option is exactly what its name implies - An option is the opportunity to buy. - ppt download
![SOLVED: An option can be exercised only on its expiration date, whereas an option can be exercised anytime between the date of writing up to and including the exercise date. SOLVED: An option can be exercised only on its expiration date, whereas an option can be exercised anytime between the date of writing up to and including the exercise date.](https://cdn.numerade.com/ask_images/c27b9428b7ea4371a62a366b9efdeb97.jpg)
SOLVED: An option can be exercised only on its expiration date, whereas an option can be exercised anytime between the date of writing up to and including the exercise date.
![Determining the Value at Expiration and Profit from a Long or a Short Position in a Call or Put Option - AnalystPrep | CFA® Exam Study Notes Determining the Value at Expiration and Profit from a Long or a Short Position in a Call or Put Option - AnalystPrep | CFA® Exam Study Notes](https://analystprep.com/cfa-level-1-exam/wp-content/uploads/2022/12/Lower.png)