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Option Expiry

Option expiry or option expiry date is the last date on which the holder of an option may exercise it, according to the pre-decided terms. Mostly, exchange-traded options contracts expire according to a predetermined calendar.

The expiration date for all the listed options in India is the last Thursday of the contract expiry month. However, if that particular Thursday is a holiday, the expiration date will be the Wednesday immediately preceding the last Thursday.