Chapter 02 · Section 2.1

Option Classification

XYZ call AUG 45
XYZ call AUG 50
XYZ call SEP 40

These options are all of the same

a) type;
b) class;
• c) series.
  No. To belong to the same options series, the options would have to be the same type, be on the same underlying asset, and have the same expiration date and exercise price.

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