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Regular Equity Options That Expire Each Month Belong to Quarterly

Question 7

Multiple Choice

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 28,IBM,with a January cycle,has options expiring in:


A) February,March,April,and July
B) March,April,May,June
C) March,April,July,September
D) March,April,July,October
E) March,April,July,December

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