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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00150-28.6%Dec 11 9:30 AM EST

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To: Perry Rocco who wrote (14456)3/17/1998 9:19:00 AM
From: Lost in New York   of 45548
 
>>>. . . options technically expire the 3rd SATURDAY of each month . . .<<<

Actually, from the CBOE site:

What is the 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; however, brokerage firms may set an earlier deadline for notification of an option buyer's intention to exercise. If Friday is a holiday, the last trading day will be the preceding Thursday.


Look at this August. 8/21 is the third Fri. and 8/22 is the fourth Sat. That's why they don't just say 3rd Sat.

cboe.com

Dave
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