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 defined as the earth's main continuous expansion on land. A continent is a huge mass of land primarily defined in terms of convention. There are currently seven continents in the world out of which Europe is the second smallest continent. Europe shares its boundaries with Arctic Ocean in the North, by Atlantic Ocean in the West. In the south of Europe lies the Mediterranean Sea and to the East, its boundary is vague and blurred.