SPX Expiration

Discussion in 'Options' started by djbraj, Aug 24, 2005.

  1. djbraj


    Its been a while since I have traded the SPX. I need some clarifications on SPX traded at the CBOE.

    I know SPX stops trading on the Thursday before expiration, but does that apply to quarterly months as well?

    Also I know that it settles to the Friday AM print, and the Merc options settle to the Friday PM print.

    Just need some clarity on quarterlies! Thanks.
  2. MTE


    Yes, you are correct, and SPX always settles like this.