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Strike Price, Expiration Date
Strike Price
The price at which an option can be exercised, is the Strike Price. The right
to buy the underlying asset at the strike price is a call. The right to sell the
underlying asset at the strike price is a put.
Expiration Date
The date at which an option expires, is the Expiration Date. The option
cannot be exercised after this date, and thus has no value.
Expiration dates applicable to options of listed securities is referred to as
the Expiration Cycle. There are three major cycles for options (not LEAPs).
- Expiration dates in January, April, July, and October refer to the
January Cycle.
- Expiration dates in February, May, August, and November, refer to the
February Cycle.
- Expiration dates in March, June, September, and December, refer to the
March Cycle.
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Uncovered SPY Options
Signals
Past 3 Months |
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+384%
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4%
 |
Our
Signals |
Buy
& Hold |
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As of 3/11/2010 |
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