What is expiration?

  • (noun): A coming to an end of a contract period.
    Synonyms: termination, expiry
    See also — Additional definitions below

Some articles on expiration:

Covered Call - Examples
... will be forced to sell the stock below market price at expiration, or must buy back the calls at a price higher than A sold them for ... If, before expiration, the spot price does not reach the strike price, the investor might repeat the same process again if he/she believes that stock will either fall or be neutral ... To summarize Stock price at expiration Net profit/loss Comparison to simple stock purchase $30 (200) (300) $31 (100) (200) $32 0 (100) $33 0 ... $34 ...

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