What is expiration date?Expiration
The last day an option is valid; after that, the right is gone.
Learn “expiration date” in an animated lesson
- Options BasicsStrike, Premium and Expiration
Take apart an option contract and see what's written on it: underlying, type, strike price, expiration date, premium and multiplier.
- Options BasicsWhat Is an Option?
Pay a small amount now for the right to buy (or sell) at an agreed price later. Think of it like a deposit on a house.
- Options: Next StepsTime Decay (Theta)
Time value is like a melting ice cube: it shrinks every day, and melts faster the closer expiration gets.
Related terms
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Go to “Strike, Premium and Expiration”