Series 7 - General Securities Representative Exam
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When is the last day and time that an equity option can be traded?
By 3:00 PM ET on the expiration day
A
By 4:00 PM ET on the expiration day
B
By 4:00 PM ET on the Friday before expiration day
C
By 4:00 PM ET on the 2nd Friday before expiration day
D
Explanations
Equity options can be traded until 4:00 PM ET on the expiration day