Chapter 02 · Section 2.1
Expirations in February Cycle
Assume that today is the third Friday in May. Which expirations will be traded as of the coming Monday in options on the February cycle?
c) June, July, August, November.
No. The February sequential cycle consists of the expiration months February, May, August and November and the two near-term months after the May expiration are June and July.
d) 1 June, July, November, February.
a) May, June, July, August.
b) June, July, August, September.
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