12 Comments
 

Third Friday for exchange traded stuff. OTC can expire whenever.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

Equity options always expire the third Friday of the month. Well, to be technical, they expire on Saturday, but you obviously can't trade them after Friday's close. So for all intensive purposes Friday is the expiration.

 
tyretsEquity options always expire the third Friday of the month. Well, to be technical, they expire on Saturday, but you obviously can't trade them after Friday's close. So for all intensive purposes Friday is the expiration.
What are "intensive purposes?"

lol

 

i retract my comment, tyrets beat me to it. Good job!

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
 

You mupties, there are more than one stock exchange out there. Can expire whenever the fuck you want. And a lot of the business is done OTC and expiry is when you want. Yea yea, you can bet that more than 50% of exchange traded options expire on the third friday of the month. Russia RTS/ Israel/ etc... I can think of plenty of markets where exchange traded options expire later.

 

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