Answer:
The correct answer to the following question is option C) stock options would expire on the third Friday of the expiration team .
Explanation:
Options are those type of derivatives, whose value can be derived from the underlying value of the securities and it is a type of contract between buyer and seller where they have the right to buy ( call option ) and sell ( put options ) the asset at a predetermined price and time but it is not an obligation. The stock options expires usually on the third Friday of the expiration month .