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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who started this subject8/6/2001 10:25:45 AM
From: Mike Buckley  Read Replies (2) of 5205
 
I've got a question proving that I meet the dummy qualifications required to post here. I noticed that the expiration dates for Siebel options listed at Wall Street City occur on Saturday. I had remembered that all options expire on a Thursday. What's up?

The critical issue about that question is that I want to accurately determine the number of remaining days available to the buyer of the calls before the option contract can no longer be exercised. Given the example that Wall Street City shows the options expire on August 18, what date is the last date the options can be exercised?

--Mike Buckley
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