Expiration cycle - An expiration cycle relates to the dates on which options on a particular security expire. A given option will be placed in 1 of 3 cycles, the January cycle, the February cycle, or the March cycle. At any point in time, an option will have contracts with 4 expiration dates outstanding, 2 in near-term months and 2 in far-term months. Last day on which an option may be exercised.
Expiration cycle : an expiration cycle relates to the dates on which options on a particular security expire. a given option will be placed in 1 of 3 cycles, the january cycle, the february cycle, or the march cycle. at any point in time, an option will have contracts with 4 expiration dates outstanding, 2 in near-term months and 2 in far-term months. last day on which an option may be exercised.