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Options do not last forever. They expire or terminate. They all have an ending date. Options are tied to an underlying futures product. All futures products have a settlement date. If the futures contract no longer exists, then clearly an option on that contract can no longer exist either. So when do options and futures expire? Once a quarter? Every month? What about every week? When it comes to options and futures, there may be a variety of option expiration dates you could trade for the same futures contract. You may find some option expirations align with the expiration of the underlying futures contract. In other cases, a futures product could have a variety of shorter term options listed. These shorter term options offer traders greater precision and flexibility to expand their trading strategies. Letamp;#39;s look at some examples. When it comes to physically delivered commodities, option expirations will expire prior to the future settlement. This happens so traders have an opp
