lapsed option

Lapsed option

An option that no longer has any value because it has reached its expiration date without being exercised.

Lapsed Option

An option that the holder does not exercise by the expiration date. A lapsed option has no value. Generally speaking, an option lapses if it is out of the money at the end of the expiration date or if exercising it would be otherwise detrimental to the holder's position.

lapsed option

An option that remains unexercised after its expiration. A lapsed option has no value.

单词	lapsed option
释义	lapsed option Lapsed option An option that no longer has any value because it has reached its expiration date without being exercised. Lapsed Option An option that the holder does not exercise by the expiration date. A lapsed option has no value. Generally speaking, an option lapses if it is out of the money at the end of the expiration date or if exercising it would be otherwise detrimental to the holder's position. lapsed option An option that remains unexercised after its expiration. A lapsed option has no value.
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