Back to Glossary
General TradingE
Expiry Date
The expiry date is the date on which a financial contract, such as an option or futures contract, ceases to be valid. After this date, the contract either settles or becomes worthless, depending on whether it is in the money.
Example
“The crude oil futures contract had an expiry date of the 20th of the month, so the trader rolled his position to the next month's contract three days early to avoid physical delivery.”