4 Must Know Options Expiration Day Traps To Avoid

This is also generally the last day an investor may notify his brokerage firm of his intent to exercise an expiring equity call or put. Futures traders can also " roll " their position. However, its accuracy, completeness or reliability cannot be guaranteed. On occasion, option professionals will exercise expiring contracts that are exactly at-the-money at expiration to acquire or sell underlying shares for adjusting their option risk after the close of trading. On and after February 15, , the expiration date will be the third Friday of the expiration month.

Last Trading Day: Trading in equity options will ordinarily cease at the close of business on their expiration date. Trading Hours: a.m. - p.m. Central Time (Chicago time).

When is the last day to trade or exercise an equity option?

All of these studies are so-called randomized controlled trials, which are the gold standard of scientific experiments in humans. The biggest of the studies included 135 overweight individuals, which were split into two groups (7): Treatment group: 1 gram of Garcinia Cambogia Extract, 3 times per day, taken 30 minutes before meals.

Placebo group: The other group took dummy pills (placebo). Both groups also went on a high-fiber, low calorie diet. These were the results of the 12 week study, which was published in The Journal of The American Medical Association (a highly respected scientific journal): Heymsfield, et al.

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Excluding weekly and quarterly options, all standard equity options expire on the third Friday of the month at the market close (known as P.M. settlement). The third Friday of the month is generally the last trading day for standard equity options. Once an options or futures contract passes its expiration date, the contract is invalid. The last day to trade equity options is the Friday prior to expiry. Therefore, traders must decide what to do with their options by this last trading day. Some options have an automatic exercise provision. When is the last day to trade or exercise an equity option? For equity options, the expiration date is the third Friday of the expiration month. The last day to trade expiring equity options is the Friday before expiration, or the third Friday of the month.