European Exercise

European Exercise

A feature of an option that stipulates that the option may only be exercised at its expiration. Therefore, there can be no early assignment with this type of option. Most index options are European-style exercise.

European Option

An option contract that may only be exercised on the expiration date. For example, if one buy a European call giving him/her the right to buy shares in X expiring on the final Friday in March, the call may only be exercised on the final Friday in March. The implication of a European option is the fact that its value is entirely dependent on the value of the underlying asset at the end of the contract. A holder may not wait for an advantageous price and exercise the option. This contrasts with an American option, which may be exercised at any time prior to expiry.
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Benefits also include ease of cash settlement and certainty of European exercise
However, the soldiers' high state of readiness meant they were ideally placed to take part in this key European exercise.
This important question gets an answer in this outstanding study that explores the transcendence of Las Casas, whose efforts against violence and the European exercise of power form the core of the polemics of possession.
Putting Smithdown Road, which stretches for three miles through Toxteth, Wavertree, and Allerton, under the spotlight is part of a wider European exercise looking at entrepreneurship in communities.
He explains: "Originally, the Classifications were started as a purely European exercise, and their primary function was to give the racing authorities in the European Pattern an indication of whether their races were living up to their status.
European exercise terms dictate that the option can only be exercised on the expiration date.
SPXpm also features European exercise, which eliminates the risk of early assignment.
CYBER EUROPE 2010' 1st Pan European cyber security Exercise In addition ENISA, in co-operation with all EU Member States and 3 EFTA countries, is coordinating the first CIIP pan cyber security European exercise, the 'CYBER EUROPE 2010'.
Finally, SPXpm uses European exercise, which eliminates the risk of early assignment.
Options on the CBOE Israel Index are based on $100 times the underlying index, feature European exercise and are cash settled.
Options on the CBOE Israel Index will be based on $100 times the underlying index, will feature European exercise and be cash settled.
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