Flexible Exchange Option (FLEX)

What is Flexible Exchange Option (FLEX)?
Clearing house usually writes this option wherein expiry date, exercising method and strike price is changeable.

It is as per specific request of the investor and many changes can be made as per requirement of the individual investor.

Related posts:

1. Automated Clearing House (ACH)
2. Montreal Exchange
3. London International Financial Futures And Options Exchange (LIFFE)
4. Allocation Notice