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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.
USCIS has discussed implementing a rule requiring permanent residents to replace green cards that lack expiration dates, but no such rule has been implemented to date. While more recent versions of the green card expire every ten years, valid green cards issued in the 1970âs and 1980âs may not have an expiration date. Older green cards with no expiration dates can create other problems for travelers.