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furthest out

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Financial Dictionary

Furthest Out

Mainly pertaining to options and futures, this is the options or futures contract that has the most distant deliverly month or expiration.

Investopedia Commentary

This is also known as the "back month".

Related Links

Stock Option Expiration Cycles

See also: Back Months, Delivery Month, Nearby Month

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Financial Dictionary

furthest out

In futures and options trading, the contract month with the most distant delivery or expiration. Compare nearby. Also called back month.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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