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expiration date |
Also found in: Wikipedia | 0.03 sec. |
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Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist. Notes: The expiration date for all listed stock options in the U.S. is the third Friday of the expiration month (except when it falls on a holiday, in which case it is on Thursday).Expiration date The last day (in the case of American-style) or the only day (in the case of European-style) on which an option may be exercised. For stock options, this date is the Saturday immediately following the third Friday of the expiration month; brokerage firms may set an earlier deadline for notification of an option holder's intention to exercise. If Friday is a holiday, the last trading day will be the preceding Thursday.
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? Mentioned in | ? References in periodicals archive | |
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Expiration day seems to be doing nothing except beating stocks into a standstill. The month-to-month drop conformed to the New York Mercantile Exchange July futures contract which dropped 47 cents on expiration day last Thursday to close at $5. not presented prior to the May 30, 2001, expiration day will become null and void and, under Nevada state law, the beneficial owner of such shares may lose certain rights as a stockholder. |
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