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.
c) Same class, same exercise price and same expiration date.
• d) Same class and same expiration date.
  No. Options of the same series do have the same class and the same expiration date but they must also have the same exercise price.

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