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Topic
Exercise
3 guides in Finabase Learn
- European-style option An option that can be exercised only at expiration; most index options such as SPX are European style.
- Exercise Using the right an option grants: buying the underlying with a call or selling it with a put at the strike price.
- Option exercise and assignment: how it works and when it happens How option exercise works, how OCC assigns sellers at random, the expiration-day cut-off and auto-exercise rule, early assignment before dividends, and pin risk.
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