6 Options Expiration Day Traps to Avoid

Don’t Fall Victim to These Mistakes

Options expiration. When you sell options, it’s an anticipated event. When you own options, it’s something to dread. At least that’s how most people view expiration day.

If you trade options, there are things you must know, and steps you should take, to avoid any unpleasant surprises on the third Friday of each month. (True expiration is the following morning, but for our purposes here, that is just a technicality.)

I’m going to provide you with some pointers for handling options expiration day.

Keep reading to make sure you don’t get caught in any of these expiration traps.