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To: Mike S. who wrote (39093)5/10/1999 3:37:00 PM
From: Jerry Olson  Read Replies (2) | Respond to of 120523
 
Mike

Options expire every month on the third Fri,,,of that month...



To: Mike S. who wrote (39093)5/10/1999 3:41:00 PM
From: Rose K  Read Replies (1) | Respond to of 120523
 
Mike, as I understand it they expire at the close on the third Friday of the month. I have been following options for about a year and using the third Friday of the month has always worked out correctly. This month (May) equity expire on Friday the 21st at 4:00 pm. Therefore, they have expired on the following Saturday.

Hope this helps.

Rose



To: Mike S. who wrote (39093)5/10/1999 3:47:00 PM
From: Northern Cougar  Respond to of 120523
 
Mike: the 3rd friday of the month is the last day you can trade stock options with that months' expiry . Therefore May expiry options are still alive until May 21 4pm. Good luck N.C.



To: Mike S. who wrote (39093)5/10/1999 5:37:00 PM
From: shag007  Respond to of 120523
 
They use the third Friday of the month to calculate the date, then technically they expire the following Saturday which is the settlement date.


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