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?

a) May, June, July, August.
b) June, July, August, September.
c) June, July, August, November.
• d) 1 June, July, November, February.
  No. Between July and November there is another expiration month in the February cycle.

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