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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.
As Thomas Miller says, most stocks of any size have options. Depending to the demand for options, there could be options ranging anywhere from one month to around two years. Note: You could buy a monthly option close to expiration date and effectively have a date measured in days or weeks. Best,