👉 In finance, a nonpropitiable option is an option that cannot be exercised until its expiration date. This means that it has no value at all until then, and there are no profits or losses for the holder of this option. For example, in a stock option, if the stock price increases by 20% on the exercise date, the nonpropitiable option will have no value at all until the expiration date. Similarly, if the stock price decreases by 15
