Chapter 02 · Section 2.1

Series

Which of the following conditions are sufficient for two options to belong to the same series

a) Same type and the same underlying asset.
• b) Same type, same exercise price and same expiration date.
  No. This would not be logical as there would be no use for a term describing a group of options on different underlying assets with the same exercise price and same expiration date.
  c) Same class, same exercise price and same expiration date.
  d) Same class and same expiration date.

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