What is the expiry date in options trading?
Derivatives
The expiry date is the last day an options or futures contract is valid — after this, the contract is automatically settled or becomes worthless.
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In India, index options often have weekly expiries (typically Thursdays) while stock options and futures usually expire monthly on the last Thursday. As expiry approaches, an option’s time value decays faster, an important factor when timing entries and exits.
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