Expiration date - The last day (in the case of American-style) or the only day (in the case of European-style) on which an option may be exercised. For stock options, this date is the Saturday immediately following the 3rd Friday of the expiration month; however, brokerage firms may set an earlier deadline for notification of an option holders intention to exercise. If Friday is a holiday, the last trading day will be the preceding Thursday.
Expiration date : the last day (in the case of american-style) or the only day (in the case of european-style) on which an option may be exercised. for stock options, this date is the saturday immediately following the 3rd friday of the expiration month; however, brokerage firms may set an earlier deadline for notification of an option holders intention to exercise. if friday is a holiday, the last trading day will be the preceding thursday.