Template:M summ Equity Derivatives 2.2: Difference between revisions
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*'''European Option''': you can only exercise on the {{eqderivprov|Exercise Date}}, usually the expiry date of the {{eqderivprov|Transaction}}. | *'''European Option''': you can only exercise on the {{eqderivprov|Exercise Date}}, usually the expiry date of the {{eqderivprov|Transaction}}. | ||
*'''American Option''': you can exercise on any date during an {{eqderivprov|Exercise Period}} — so you need also to specify a {{eqderivprov|Commencement Date}}. | *'''American Option''': you can exercise on any date during an {{eqderivprov|Exercise Period}} — so you need also to specify a {{eqderivprov|Commencement Date}}. | ||
*'''{{eqderivprov|Bermuda Option}}''': you can exercise on specified {{eqderivprov|Potential Exercise Date}}s only during an {{eqderivprov|Exercise Period}}, so while it sort of might help to have a {{eqderivprov|Commencement Date}}, you don’t strictly need one. Disappointingly, Bermuda Options don’t disappear without warning when on a routine training mission over Fort | *'''{{eqderivprov|Bermuda Option}}''': you can exercise on specified {{eqderivprov|Potential Exercise Date}}s only during an {{eqderivprov|Exercise Period}}, so while it sort of might help to have a {{eqderivprov|Commencement Date}}, you don’t strictly need one. Disappointingly, Bermuda Options don’t disappear without warning when on a routine training mission over Fort Lauderd ... ''Hang on a minute maybe that’s [[Flight 19|OH MY GOD]] | ||