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Bermuda Option

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Bermuda Option
A type of Option that can only be exercised on predetermined dates, usually every month.
    
Like the mixed culture of Bermuda, Bermuda options are a combination of American and European style options.  An American Option is that can be exercised anytime during its life. The majority of Exchange-traded options are American. European Option is an Option that can only be exercised at the end of its life.
Posted by  marcus evans (Europe) Ltd
 
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