Option traders have a love-hate relationship with the third Friday of the month. That’s expiration day, of course, and depending on what kind of trades you’ve made, it can be the best day of the month — or the very worst.
If you trade options, there are things you must know, and steps you should take, to avoid any unpleasant surprises. There also are a variety of strategies when it comes to trading options before expiration that could prove profitable for you, if you know how to use them.
To help you discover some of the issues when trading options around expiration, we invite you to take our Options Expiration Quiz.