Questions tagged [expiration]
23 questions
11
votes
2 answers
Do personal checks expire? [US]
Do personal checks expire in the US? Also, if I stamp the following on it:
VOID if not claimed within 60 days.
Will that be honored by most banks?
Related
Do personal cheques expire? [Canada]
C. Ross
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Why would someone buy a way out-of-the-money call option that's expiring soon?
I swing trade equity options every once in a while for fun. This morning I witnessed something I do not understand at all.
In the attached photo, why would someone purchase 6 contracts for .05 at $76. I just can't wrap my head around this! …
AM_Hawk
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8
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1 answer
Do card chips expire before the cards do?
A while ago, I got a credit card with a magnetic stripe and a chip that looks like this:
A couple months ago, I noticed that every time I tried to use the card, I would get something like "CHIP MALFUNCTION" and have to try it three times, always…
WBT
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7
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4 answers
What happens to all of the options when they expire?
Most option traders don't want to actually buy or sell the underlying stock. They just use options as a trading vehicle perhaps making money on the time decay, on changes to volatility, etc.
My question is, if most traders are motivated to sell or…
Jeremy Foster
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3 answers
Why would someone want to buy an option on the day of expiry
If I buy an Out of Money option and the option becomes In the money on the Friday of expiry, can I still expect to sell the option and close my position at a profit? Or is my only hope is to exercise the option and thereby have my profit? I want to…
Victor123
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1 answer
Do personal cheques expire? [Canada]
In Canada, cheques issued by the Government of Canada do not expire. do personal cheques ever expire? If so, what is the limit before they need to be re-issued?
Zephyr
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Are there major credit cards without expiration dates?
One of the most annoying things to me about credit cards is the expiration date. Whenever my card expires, I have to call or go online with half a dozen merchants to "update" the expiration date to whatever the new one is. My blank checks, and for…
Robert Columbia
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5
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4 answers
Credit Card Expiration: Am I supposed to request a new one or does the bank send one automatically?
I've had one credit card expire recently and another set to expire soon. For the one that did expire, I didn't get another card until I wrote to them online and they mailed me a replacement. The next one will expire at the end of October. I wasn't…
Aaron
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How to sell a worthless option
I have a call option that will expire as worthless in January but I'd like to sell it now and realize the loss this year to lower this year's capital gains taxes.
I would be happy to dump it at $0.00 but I'm not sure if that is possible.
Is it…
Jonathan
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What is the worst that can happen if one does not file for bankruptcy but cannot pay their debt either (in Canada)?
In a situation when one does not file for bankruptcy, yet does not pay their debts, collectors start calling and mailing, then the creditors may file a lawsuit. But if one doesn't have any property or wages to garnish, what can happen and how long…
sequence
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I sold call options that expired ITM. Why were they not exercised?
I sold two covered call positions that expired Aug 9. Both expired ITM.
The 1st one's strike price was $3.00. At expiration, the stock was $3.13 so 13 cents ITM (6 contracts).
The 2nd one's strike price was $184.50. At expiration, the stock was…
SlavkaStack
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Why are option contracts dated for Friday expiration instead of Saturday expiration?
Don't they technically expire on Saturday even though the options market closes on Fridays? I feel like the way it stands, this can screw with people with after-hours trading on the underlying.
Or if that premise is not correct, what time do they…
riddle_me_this
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How long can a company wait before withdrawing the money of a purchase?
In November, 2015 I purchased something from an online shop located in the UK.
Total price was 143£ (including shipping to Denmark) and I paid with my Visa credit card.
The item was shipped to me fast, and in excellent condition, however the money…
Daniel
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votes
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Found expired check issued by title company to settle balance from 6 years ago
I purchased a home 6 years ago and the title company sent me a large packet of documents related to closing with a small check buried deep inside it. I did not notice the check until now. It's only $38, but I'd still like to deposit it. The check…
486DX2-66
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Usual procedure when options/futures/forwards expire?
What is the most common procedure when options/futures/forwards are held until expiry?
Will the underlying asset be delivered in a physical way or will the value of the derivative be exchanged as a cash amount? Are there differences between stocks,…
elemenope
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