Question: Choose the incorrect statement: Option exercise (strike) price is the price at which the buyer of an option can buy or sell the underlying asset.

Choose the incorrect statement:

Option exercise (strike) price is the price at which the buyer of an option can buy or sell the underlying asset.

Securities traded on exchanges usually do not have counterparty risk.

American option can be exercised within a specific period starting from its expiration date and on.

Securities traded on OTC markets can be customized.

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