At last day when European and American option can be exercised is classified as
At last day when European and American option can be exercised is classified as Correct Answer expiration date
At last day when European and American option can be exercised is classified as expiration date. An expiration date in derivatives is the last day that a derivative, such as options or futures, is valid. On or before this day, investors will have already decided what to do with their expiring position.