Question

Listed options expire at:

A) 4:30 pm ET on the third Friday of the expiration month.
B) 3:00 pm ET on the third Friday of the expiration month.
C) 11:59 pm ET on the Saturday immediately following the third Friday of the expiration month.
D) 4:30 pm ET on the Saturday immediately following the third Friday of the expiration month.

Answer 1

Listed options typically expire on the third Friday of the expiration month at 4:30 pm ET.

The correct option is A.

Step-by-step explanation:

The correct answer is A) 4:30 pm ET on the third Friday of the expiration month. Listed options typically refer to options contracts, which are financial derivatives.

These contracts give the holder the right, but not the obligation, to buy or sell a specific asset (such as stocks) at a predetermined price (strike price) and within a specific time period. In the case of listed options, they expire on the third Friday of the expiration month at 4:30 pm ET.

The correct option is A.