Expiration Date

What Does It Mean?
What Does Expiration Date Mean?
The day on which an options or futures contract is no longer valid and, therefore, ceases to exist.
Investopedia Says
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).
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