Draw a diagonal line from the top corner on 1 side that connects to the first line. http://pad3.whstatic.com/images/thumb/3/35/Make-Artificial-Flowers-Step-3-preview-Version-3.jpg/550px-Make-Artificial-Flowers-Step-3-preview-Version-3.jpg.
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 Option Period starts the first day following the effective date of the contract. The effective date is considered day 0 of the contract...the first day of the Option Period is considered day 1. So if your 10 day Option Period started on April 19, this means the effective date of your contract is April 18.