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Based on whether an option can be exercised before the expir...

Based on whether an option can be exercised before the expiration date, there are two types of options: American options and European options.

American options can be exercised at any time before the expiration date, while European options can only be exercised on the expiration date.
@PlsLetMeEarnMoney:is there such a thing as European and American options? I think the European Options should be Futures. All options can be excercised anytime, futures can only be excercised on the expriation date itself.
What is an Option?
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