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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?


To: vds4 who wrote (2207)3/14/2002 9:40:28 PM
From: Dan Duchardt  Read Replies (1) | Respond to of 2241
 
vds4,

Tomorrow (Friday) is actually the day before expiration on Saturday for most options, but for all us retail investors they effectively expire on Friday since we have to make all decisions on Friday. The day to keep in mind is the third Friday of each month. Several 3-month cycle things like futures also expire this month, so it's a "triple witching" day.

Dan