Examples of Expiry Day in a sentence
The holder of an American Style Option which wishes to Exercise on a non Expiry Day shall submit such Exercise request through the Clearing System via its electronic connection.
On Expiry Day, the Official Settlement Price is used as the index level.
Stock index options are automatically exercised by the Clearing House on Expiry Day.
Not used] KKKKK.2 CONTRACT SPECIFICATION (a) Each Option Contract shall be for one or more put options or one or more call options for an Expiry Day and at the exercise price agreed, subject to any adjustments to the exercise price made in accordance with Rule KKKKK.17.
Subject to Rule KKKKK.2A(b) and Rule KKKKK.7(b), on the day on which an option is validly exercised by a Buyer, the Clearing House shall select a Seller, by such method of allocation as may be specified in the Administrative Procedures, against whom to exercise an option of the same type and at the same exercise price and for the same Expiry Day and shall exercise such option in a form and manner from time to time prescribed by the Clearing House.