Regular equity options that expire each month belong to quarterly "cycles." For example,IBM has a January cycle,Hewlett Packard has a February cycle,and Wal-Mart has a March cycle.At any time,options trade which expire during the next two months plus the two months after the next three-month quarter quarterly cycle.
-On February 1,Wal-Mart with a March cycle has options expiring in:
A) February,March,April,and May
B) February,March,May,June
C) February,March,May,June.
D) February,March,June,August
E) February,March,June,September
Correct Answer:
Verified
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