SIE Mastery Exam Questions With Complete Solutions

SIE Mastery Exam Questions With Complete Solutions Regarding delivery for listed option contracts when exercised, which of the following is true? A) Equity options are cash settled in U.S. dollars. B) Equity and index options are settled in U.S. dollars. C) Currency and index options are cash settled in U.S. dollars. D) Currency and equity options are settled in the underlying security. ️️C) Currency and index options are cash settled in U.S. dollars. When exercised, equity options are settled in the underlying security. This means that the underlying shares must be delivered by the short party assigned. However, when currency and index options are exercised, they are settled in cash. This means that U.S. dollars must be delivered by the short party assigned.