When do Options expire?
Google finance says that stock options are expiring tomorrow, whereas yahoo finance is saying at end of day today. Which is correct?
Google finance says that stock options are expiring tomorrow, whereas yahoo finance is saying at end of day today. Which is correct?
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http://www.cboe.com/AboutCBOE/xcal2011.pdf
Third Friday of every month for your vanilla equity options. There are also "weeklies" which expire on a weekly basis.
Third Friday for exchange traded stuff. OTC can expire whenever.
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.
lol
i retract my comment, tyrets beat me to it. Good job!
But then why are options expiring today? It's the 4th thursday of the month. Not the 3rd friday...
Cash settled index options stop trading on thursdays so the weekly would stop trading today and expire tomorrow i believe.
Are there weekly options on stocks like Apple? Apple options expired today.
^LOL
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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