Newbie question

Discussion in 'Options' started by Capper, Jun 5, 2017.

  1. Capper

    Capper

    I have a newbie question. The NASDAQ option chain has a column labeled "date." Is this the expiration date of the option? If so, why does it list dates prior to today's date? Aren't those options expired, and now worthless?

    For example, see http://www.nasdaq.com/symbol/aapl/option-chain
     
    murray t turtle likes this.
  2. Robert Morse

    Robert Morse Sponsor

    Correct. It does say as of June 2, 2017.
     
    murray t turtle likes this.
  3. %%
    Hopefully you record your own data[pen + paper or print that]; lot of reasons for that , even with a liquid stock like AAPL...................................................................
    NO volume is a danger sign on a liquid stock, like AAPL, no telling when/what the last quote really was with no volume.
     
  4. Capper

    Capper

    Ah, it makes sense now. It seemed odd at first to list a price for expired, worthless options. But the price they traded at just prior to expiration is useful.
     
  5. Robert Morse

    Robert Morse Sponsor

    Do you have a trading platform to view live pricing? Our minimum for our Web Trader is $10,000 but there are other retail brokers that have little or no minimum to open an account and view live markets.

    Bob