In the case of options with automatic exercise the net value of the option is credited to the long and debited to the short position holders. Typically, exchange-traded option contracts expire according to a pre-determined calendar.
A continent is one of several very large landmasses on Earth. Generally identified by convention rather than any strict criteria, up to seven regions are commonly regarded as continents. Ordered from largest in size to smallest, they are: Asia, Africa, North America, South America, Antarctica, Europe, and Australia. In geology, areas of continental crust include regions covered with water.
A continent is larger than an island and is usually made up of multiple countries and span millions of square miles. The 7 continents of the world are North America, South America, Antarctica, Europe, Asia, Africa and Australia. Some consider the North and South American continent to be just one landmass referred to as the âAmerican Continent.â Europe and Asia continent are also combined at times and referred to as âEurasia.â.