The week that begins on Monday prior to the Saturday expiration of any three classes of option contracts. The week leading up to option expirations can experience noticeable volatility because option holders hasten to exercise their options before the closing bell on Friday afternoon. Options not exercised by that time will expire worthless, causing losses to the option holders.
Derivatives
Derivatives have increasingly become very important tools in finance over the last three decades. Many different types of derivatives are now traded actively on ...
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