Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

Finra Series-7 Exam - Topic 3 Question 26 Discussion

Posted by Clay on May 07, 2022 at 11:41 PM

The expiration date of a listed option is:

Suggested Answer: C

the Saturday following the third Friday of the expiration month. It is NOT the third Saturday. The final day to trade options is the third Friday of the expiration month. The options expire the next da y.


Get Premium Series-7 Questions as Interactive Web-Based Practice Test or PDF Real Exam Format Detailed Explanations Instant Access Get Your Practice Test
12 comments · newest first
MA
Maurine 1 year ago
Yeah, I agree with Dona on this one!
IV
Ivette 1 year ago
Really? I always thought it was the third Saturday.
MA
Margurite 1 year ago
Nope, it's the third Friday for sure!
GA
Galen 1 year ago
I thought it was the last day of the month?
DO
Dona 1 year ago
It's definitely the third Friday of the expiration month.
AR
Argelia 1 year ago
I’m pretty confident it’s the third Friday of the month. I recall that being a key point in my studies.
CA
Caprice 1 year ago
I feel like it’s the third Saturday, but I might be mixing it up with something else.
AL
Aleisha 1 year ago
I remember practicing a question about expiration dates, and I think it was the last day of the month, but that doesn't sound right now.
ST
Stacey 1 year ago
I think the expiration date is the third Friday of the expiration month, but I'm not completely sure.
SU
Sueann 1 year ago
Hmm, I'm a little unsure about this one. The question is asking about an Okta P1 level support ticket, but I'm not totally familiar with Okta's support levels. I'll need to think through the details of the scenario and the options more carefully.
ED
Edgar 1 year ago
I'm a bit confused about how scheduled tasks affect the current instances. Would it just stay at 8 or try to add more?
MA
Marcos 1 year ago
This is a tricky one. There are a lot of moving parts to consider with vAG/vLB configurations. I'm going to read through the options slowly and try to visualize how each change could impact the HA status. Gotta be careful not to overthink it.
0/2000 characters

Save Cancel