Introduction

If you’re an options trader, you know that having access to an options expiration calendar is essential. The CBOE (Chicago Board Options Exchange) is one of the most popular exchanges for trading options, and their options expiration calendar for 2024 has just been released. In this article, we’ll take a closer look at what the calendar means for traders and what they need to know.

What is the CBOE?

The CBOE is the largest options exchange in the United States. It was founded in 1973 and is headquartered in Chicago, Illinois. The exchange offers a wide range of options contracts, including equity options, index options, and exchange-traded funds (ETFs) options. Traders can use the exchange to buy and sell options contracts, which give them the right to buy or sell an underlying asset at a predetermined price on or before a specific date.

What is an Options Expiration Calendar?

An options expiration calendar is a schedule of all the different options contracts that are available for trading on a particular exchange. It shows the expiration dates for each contract, which is the date when the contract expires and the trader must either exercise the option or let it expire worthless. The CBOE releases an options expiration calendar for each year, which traders use to plan their trades and manage their portfolios.

The CBOE 2024 Options Expiration Calendar

The CBOE 2024 options expiration calendar was released on January 1, 2024. It includes all the different options contracts that will be available for trading on the exchange throughout the year. The calendar shows the expiration dates for each contract, as well as the last trading day for each contract.

Important Dates

One of the most important dates on the CBOE 2024 options expiration calendar is the third Friday in each month. This is the expiration date for most equity options, index options, and ETF options. Traders must either exercise the option or let it expire worthless by this date. The last trading day for these contracts is typically the day before the expiration date. Another important date on the calendar is the fourth Thursday in each month. This is the expiration date for most VIX options, which are options contracts based on the CBOE Volatility Index. The last trading day for these contracts is typically the day before the expiration date.

FAQs

What happens if I don’t exercise an options contract before the expiration date?

If you don’t exercise an options contract before the expiration date, it will expire worthless. You will lose any premium that you paid for the contract, and you will not have any rights to the underlying asset.

Why is it important to have an options expiration calendar?

An options expiration calendar is important for traders because it helps them plan their trades and manage their portfolios. By knowing the expiration dates for different options contracts, traders can avoid unexpected losses and take advantage of opportunities to profit.

Can I trade options on the CBOE without a broker?

No, you cannot trade options on the CBOE without a broker. You will need to open an account with a brokerage firm that offers options trading and has access to the CBOE.

Conclusion

The CBOE 2024 options expiration calendar is an essential tool for options traders. By knowing the expiration dates for different options contracts, traders can plan their trades and manage their portfolios effectively. The calendar includes important dates for equity options, index options, ETF options, and VIX options. Make sure to keep the calendar handy throughout the year to stay on top of your options trading game.