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To: TGPTNDR who wrote (103218)10/18/2003 1:51:52 AM
From: AK2004Read Replies (1) | Respond to of 275872
 
TGPTNDR

great story, thanks, I have read only small parts of it before.

My understanding of the option contracts is that the official expiration is Saturday. Most of the brokers set their own deadlines since they do automatic exercise of the options.

amex.com

AMEX: "The Expiration day for equity options is the Saturday following the third Friday of the month. Therefore, the third Friday of the month is the last trading day for all expiring equity options."

Regards
-Albert