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Options and Futures

Expiration Cycle

Understanding expiration cycles is crucial in the world of finance. These cycles refer to the dates on which options, or contracts that give the holder the right to buy or sell a particular security, expire. Options are assigned to one of three cycles - the January, February, or March cycle. It's important to note that long-term options, known as LEAPS, do not follow this cycle. By understanding expiration cycles, you can make informed decisions when trading options.
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