Monthly OpEx

Monthly OpEx Dates

Monthly OpEx usually means the standard third-Friday equity, ETF, and equity-index options cycle. The tables below show 2026 and 2027 monthly dates with holiday moves and quarterly months marked.

Monthly rule

Third Friday

If the third Friday is a market holiday, standard expiration normally moves to the prior business day.

Next 2026 monthly

Friday, May 15, 2026

April 17, 2026 is already past as of the verification date.

Quarterly months

Mar, Jun, Sep, Dec

Quarterly OpEx months are part of the standard monthly table.

2026 monthly OpEx dates

MonthDateCycleNote
JanuaryFriday, January 16, 2026MonthlyStandard monthly OpEx
FebruaryFriday, February 20, 2026MonthlyStandard monthly OpEx
MarchFriday, March 20, 2026QuarterlyQuarterly OpEx month
AprilFriday, April 17, 2026MonthlyStandard monthly OpEx
MayFriday, May 15, 2026MonthlyStandard monthly OpEx
JuneThursday, June 18, 2026QuarterlyMoved from June 19, 2026 for a market holiday
JulyFriday, July 17, 2026MonthlyStandard monthly OpEx
AugustFriday, August 21, 2026MonthlyStandard monthly OpEx
SeptemberFriday, September 18, 2026QuarterlyQuarterly OpEx month
OctoberFriday, October 16, 2026MonthlyStandard monthly OpEx
NovemberFriday, November 20, 2026MonthlyStandard monthly OpEx
DecemberFriday, December 18, 2026QuarterlyQuarterly OpEx month

2027 monthly OpEx dates

MonthDateCycleNote
JanuaryFriday, January 15, 2027MonthlyStandard monthly OpEx
FebruaryFriday, February 19, 2027MonthlyStandard monthly OpEx
MarchFriday, March 19, 2027QuarterlyQuarterly OpEx month
AprilFriday, April 16, 2027MonthlyStandard monthly OpEx
MayFriday, May 21, 2027MonthlyStandard monthly OpEx
JuneThursday, June 17, 2027QuarterlyMoved from June 18, 2027 for a market holiday
JulyFriday, July 16, 2027MonthlyStandard monthly OpEx
AugustFriday, August 20, 2027MonthlyStandard monthly OpEx
SeptemberFriday, September 17, 2027QuarterlyQuarterly OpEx month
OctoberFriday, October 15, 2027MonthlyStandard monthly OpEx
NovemberFriday, November 19, 2027MonthlyStandard monthly OpEx
DecemberFriday, December 17, 2027QuarterlyQuarterly OpEx month

Last verified

Date-sensitive calendar references on this page were checked on April 25, 2026. Calendar math is useful for planning, but listed contracts and exchange calendars should still be verified before production workflows run.

Related pages