Expiration date

Definition: [crh] The last day (in the case of American-style) or the only day (in the case of European-style) on which an option may be Definition: EF="/?rd=exercised">exercised. For stock options, this date is the Saturday immediately following the third Friday of the expiraDefinition: tion month; brokerage firms may set an earlier deadline for notification of an option holder's intention to exercise. If Friday is aDefinition: holiday, the last trading day will be the preceding Thursday.

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