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To: HerbVic who wrote (6345)11/12/1997 7:21:00 PM
From: J R KARY  Read Replies (1) | Respond to of 213173
 
Herb.: Options normally expire/settle on 3rd Saturday of the month

Friday is typically the last trading day for the public but the "big (brokerage) boys" actually settle them on Saturday .

However , and there are always "howevers" , options may also expire on a given or published date .

Hope this helps and hope further that it is correct ? However....

Jim K.