Fungibility is the substitutability of listed options, which is dependent upon their common expiration dates and strike prices. The congruence of expiration dates and strike prices lets investors close positions by offsetting transactions through the options clearing corporation.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). fungibility. Retrieved September 23, 2026, from http://smartdefine.org/fungibility/definitions/1154726 |
| Chicago | Barry Goldsmith. 2010. "fungibility" http://smartdefine.org/fungibility/definitions/1154726 (accessed September 23, 2026). |
| Harvard | Barry Goldsmith 2010, fungibility, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/fungibility/definitions/1154726>. |
| MLA | Barry Goldsmith. "fungibility" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/fungibility/definitions/1154726> |