Options Exercise and Assignment are two descriptions that both effectively mean the same thing. Each refers to an action carried out by the holder of an option (Exercise) which the option seller must respond to (Assignment).
The timing of when Exercise or Assignment can occur is determined by whether the Options are American Style or European Style. The former can be exercised at any time, the latter only on the Expiration date.
Contributed by: Ralph Windsor
The timing of when Exercise or Assignment can occur is determined by whether the Options are American Style or European Style. The former can be exercised at any time, the latter only on the Expiration date.
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