Expiry Date Definition

The expiry date is the date on which a financial contract, such as an option or futures contract, ceases to be valid.

What is an Expiry Date?

After the expiry date, the contract is settled, exercised, or becomes worthless, depending on its terms.

Traders holding derivatives need to be aware of expiry dates to manage their positions accordingly.

An options contract with a December expiry date must be exercised or closed on or before that date.

Earnings per share is a company's net profit divided by its number of outstanding shares.

An economic calendar lists scheduled economic data releases and events that can affect financial markets.

Equity refers to ownership value in an asset after liabilities are subtracted, or the current value of a trading account.