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Suppose you own a call option on Amazon stock that has a strike price of $1,890. The stock is currently trading at $1,765. The option

Suppose you own a call option on Amazon stock that has a strike price of $1,890. The stock is currently trading at $1,765. The option expires today. What do you do?

1.

Exercise my option and earn a profit of $125 per share

2.

Exercise my option for a loss of $125 per share

3.

Sell my option for a profit of $125 a share

4.

Nothing

What type of option can only be exercised on the expiration date?

1.

All options

2.

American options

3.

European options

4.

Single options

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