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Re: Re: [sharechat] ITC


From: jesse <johne777@hotmail.com>
Date: Fri, 27 Oct 2000 18:24:02 +1300


Hi Geoff
Whatever your contract says, thats it.You cant change the expiration
date of an option....the time value would change and so the value of the
option. If its a Sunday, last trade Friday is it,..... Monday adds
another day and changes the value.
Do NZ options expire on different week days? US options always expire
3rd Friday in the month, or Thursday if Friday is a holiday. Then you
know exactly where you are. Thought it would be similar here.
j


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