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BREAKING DOWN 'Expiration Date (Derivatives)'. The expiration date for all listed stock options in the United States is normally the third Friday of the contract month, which is the month when the contract expires.However, when that Friday falls on a holiday, the expiration date is on the Thursday immediately before the third Friday.Once an options or futures contract passes its expiration date, the contract is invalid.owever, when that Friday falls on a holiday, the expiration date is on the Thursday immediately before the third Friday. Once an options or futures contract passes its expiration date, the contract is invalid.
The anticipated February 1, 2015 cut-over date will not impact existing standard monthly options, including FLEX contracts. The CBOE is preparing their systems to accommodate the listing of equity and index options that have a Friday expiration date by August 31, 2013.for example, the April Weeklyâs that cease to trade on Friday April 26th will expire on that Friday the 26th, not Saturday the 27th). The only products with Saturday expiration are the standard â 3rd Friday of the month options.