For all practical purposes, listed stock options always expire
A) on the last business day of the expiration month.
B) on the first Monday of every calendar quarter.
C) on the third Friday of the expiration month.
D) three months from the date of the option purchase.

Question

Quizplus · Accepted Answer

Listed stock options typically expire on the third Friday of the expiration month. This is a standard practice across major exchanges to provide a consistent expiration date for traders and investors.

For All Practical Purposes, Listed Stock Options Always Expire