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Option expiration date 2013

Dont let this fear stop you from placing your first options trade. .
After the put or call expires, time value does not exist.
In the most basic sense, expiration is important because it sets a timeframe for your trade.This is a closing of their current trade, and an laws on dating minors in texas immediate reinstitution of the trade in a contract that is further out from expiry.A leaps can expire up to 3 years from the current expiration cycle date, making the option as an instrument, a viable longer-term trading strategy for investors (I use 'longer' loosely because its very subjective and based on an investors trading style -.e.Expiring futures contracts cease trading at 8:00 am Chicago time / 9:00 am New York time on the final settlement day.We can also choose expirations and set up trades on the table trade page.Therefore, traders must decide what to do with their options by this last trading day.Quarterly expiration cycles) The last most important aspect to this whole post?It is not vital to learn why expiration cycles occur in the weeks/months that they do (although we will touch on this a little bit in this post but rather what is more important is understanding what expiration is and how to choose an expiration.When they began, it was decided that when options are traded, there would be a total of four different months that each individual equity option could be traded during, each on a different cycle.So why do options expire?For European style index options, the last trading is typically the day before expiration.Where does that leave us?As the amount of time until your option expires - free adult finder in theta decay - decreases, this is favorable to the seller of the option, and not the buyer.