6.3 Lessons learnt

  • When you log into your trading platform you will see a large number of columns with listed option prices. On one stock you can buy all sorts of options at different prices. These prices are also called strikes or strike prices.
  • Options have a specific date when they expire. The dates you see listed are all the available ‘expiry dates’. 
  • In general, the expiration of the monthly options takes place on the third Friday of the month.