Talk:Expiration (options)

Release of margin
I rewrote this statement because it seemed like the description was overly specific. I think it's more general to allude to the margin tied up by the option trade, rather than assume that a specific asset is being used to collateralized the contract. Ronnotel 12:38, 4 October 2007 (UTC)

What happens to options expiration if it falls on a holiday -- answer
Q: What happens to options expiration if it falls on a holiday, like in 2008?

A: When an options expiration date falls on a holiday, all trading dates are moved forward. For example, in 2008, options expiration date falls on Good Friday. In this situation, options will still expire on Saturday following Good Friday -- however the last trading day for Equity options will be the Thursday preceding the Good Friday trading holiday. The last trading date for many Broad-Based Index products will be Wednesday -- with A.M. settlement values determined based on an index component's opening price on Thursday. —Preceding unsigned comment added by 64.105.0.217 (talk) 19:00, 15 August 2009 (UTC)

Investopedia explains expiration date

 * The expiration date for all listed stock options in the U.S. is the third Friday of the expiration month (except when it falls on a holiday, in which case it is on Thursday). http://www.investopedia.com/terms/e/expirationdate.asp  —Preceding unsigned comment added by 64.105.0.217 (talk) 19:00, 15 August 2009 (UTC)