American option

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American option

An option that may be exercised at any time up to and including the expiration date. Related: European option

American Option

An option contract that may be exercised at any time on or before the expiration date. For example, if one buys an American call giving him/her the right to buy shares in X expiring on the final Friday in March, the call may be exercised at any time on or before the final Friday in March. The differentiating feature of an American option is the fact that its value varies according to the value of the underlying asset over the life of the contract. This means that a holder may wait for an advantageous price and exercise the option. This contrasts with a European-style option, which may only be exercised on the expiration date.

American option

A put or call option that permits the owner to exercise the option at any time on or before the expiration date.
References in classic literature ?
Americans have ever been a restless, questing, hopeful people, and we must bring to our task today the vision and will of those who came before us.
As the Mackinaw Company still continued its rivalry, and as the fur trade would not advantageously admit of competition, he made a new arrangement in 1811, by which, in conjunction with certain partners of the Northwest Company, and other persons engaged in the fur trade, he bought out the Mackinaw Company, and merged that and the American Fur Company into a new association, to be called the "Southwest Company.
While in Paris we saw a good deal of the now famous American Negro painter, Mr.
By this time the American admiral, O'Connor, was fully informed of the existence of the airships, and he was no longer vitally concerned for Panama, since the submarine flotilla was reported arrived there from Key West, and the Delaware and Abraham Lincoln, two powerful and entirely modern ships, were already at Rio Grande, on the Pacific side of the canal.
Yes, I know--but I had an idea there warn't any Americans there.
The Gun Club once founded, it is easy to conceive the result of the inventive genius of the Americans.
In the meantime, the success of this company attracted the attention and excited the emulation of the American Fur Company, and brought them once more into the field of their ancient enterprise.
Frenchmen haven't worn things like that for thirty years, but the Americans from the Far West buy those clothes and have themselves photographed the day after they arrive in Paris.
Then those words of his friend came back to him--the speech about the tendency of the people, especially of the ladies, on the American steamers to take to themselves one's little belongings.
While writing this book, fully a quarter of a century since, it occurred to us that the French name of this lake was too complicated, the American too commonplace, and the Indian too unpronounceable, for either to be used familiarly in a work of fiction.
At the whistle of the driver, amid the hurrahs, and all the admiring vociferations of the American language, the train left the platform of Baltimore.
I am told, on excellent authority, that her father keeps an American dry-goods store," said Sir Thomas Burdon, looking supercilious.

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