option cycle

Option Cycle

A pattern of months in which option contracts usually expire (usually a nine month period). There are three common cycles:

JAJO - January, April, July, and October

MJSD - March, June, September, and December

FMAN - February, May, August, and November

Notes:

Option cycles are used for equity, commodities, and currency options.

See also: Expiration Date, FMAN, JAJO, MJSD, Option

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Option cycle

The cycle of option expiration months. The most common cycles are: January, April, July, and October (JAJO); February, May, August, and November (FMAN); and March, June, September, and December (MJSD).

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option cycle

The series of months during which option contracts expire. Options for a particular stock or index generally expire on the same four months every year plus the current and following month.