Option Cycle
A pattern of months in which option contracts usually expire (usually a nine month period). There are three common cycles:
JAJO - January, April, July, and October
MJSD - March, June, September, and December
FMAN - February, May, August, and November
Investopedia Commentary
Option cycles are used for equity, commodities, and currency options.
Related Links
Stock Option Expiration Cycles
Options Basics Tutorial
See also: Expiration Date, FMAN, JAJO, MJSD, Option
option cycle