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Calendar

2026 Options Expiration Calendar

Every monthly OPEX (3rd-Friday) date, VIX standard and weekly expirations, SPX & XSP weeklys, End-of-Month and End-of-Quarter options, AM-settled index last-trade days, NYSE exchange holidays, and the 2029 LEAPS-added date — color-coded to match the official Cboe calendar.

Next key dates

Legend

  • Equity / ETF Standard Expiration — Equity, equity index, ETF & ETN options standard expiration (3rd Friday).
  • End-of-Month / End-of-Quarter — End-of-Month options (last business day). End-of-Quarter in Mar/Jun/Sep/Dec.
  • AM-Settled Index Last Trade — Last day to trade expiring standard AM-settled equity-index options.
  • VIX Standard Expiration — VIX options standard expiration — 30 days before next month's 3rd Friday.
  • VIX Exception — Wed/Fri holiday shifts VIX expiration to the preceding Tuesday.
  • VIX Options Last Trade — Last day to trade expiring VIX options (Tuesday before VIX standard).
  • VIX Weeklys Expiration — Weekly VIX options expiration (Wednesdays other than the standard).
  • 2029 LEAPS Added — Equity & ETP LEAPS for January 2029 expiration first listed.
  • SPX & XSP Weeklys — SPX and XSP weeklys expire every business day (except 3rd Friday and EoM).
  • Exchange Holiday — U.S. equity & options markets closed.

2026 Calendar

January 2026

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February 2026

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March 2026

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April 2026

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May 2026

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June 2026

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July 2026

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August 2026

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September 2026

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October 2026

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November 2026

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December 2026

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Key 2026 Dates at a Glance

2026 monthly options expiration, VIX standard expiration, and End-of-Month / End-of-Quarter dates.
MonthOPEX (3rd Friday)VIX StandardEoM / EoQ
JanuaryFri, Jan 16Wed, Jan 21Fri, Jan 30
FebruaryFri, Feb 20Wed, Feb 18Fri, Feb 27
MarchFri, Mar 20Wed, Mar 18Tue, Mar 31EoQ
AprilFri, Apr 17Wed, Apr 15Thu, Apr 30
MayFri, May 15Wed, May 20Fri, May 29
JuneThu, Jun 18shiftedWed, Jun 17Tue, Jun 30EoQ
JulyFri, Jul 17Wed, Jul 22Fri, Jul 31
AugustFri, Aug 21Wed, Aug 19Mon, Aug 31
SeptemberFri, Sep 18Wed, Sep 16Wed, Sep 30EoQ
OctoberFri, Oct 16Wed, Oct 21Fri, Oct 30
NovemberFri, Nov 20Wed, Nov 18Mon, Nov 30
DecemberFri, Dec 18Wed, Dec 16Thu, Dec 31EoQ

June 2026 OPEX is shifted to Thursday June 18 because Juneteenth (June 19) is an exchange holiday. No VIX expirations fall on a Wednesday or Friday holiday in 2026, so no VIX-Exception shifts apply.

2026 NYSE / Cboe Holiday Calendar

  • Thu, Jan 1 — New Year's Day
  • Mon, Jan 19 — Martin Luther King Jr. Day
  • Mon, Feb 16 — Presidents' Day
  • Fri, Apr 3 — Good Friday
  • Mon, May 25 — Memorial Day
  • Fri, Jun 19 — Juneteenth
  • Fri, Jul 3 — Independence Day (observed)
  • Mon, Sep 7 — Labor Day
  • Thu, Nov 26 — Thanksgiving
  • Fri, Dec 25 — Christmas Day

How to read this calendar

U.S. equity options follow a layered expiration cycle. The five patterns that matter most:

  • Monthly OPEX falls on the 3rd Friday — the single biggest expiration event each month. When the Friday is an exchange holiday, expiration shifts to Thursday (see June 2026).
  • AM-settled index options(e.g. SPX standard cycle) stop trading on the Thursday before OPEX because they settle on Friday's opening print.
  • VIX standardoptions expire on the Wednesday that is 30 days before the next month's 3rd Friday. The day before is the last trade day.
  • End-of-Month / End-of-Quarter options expire on the last business day of the month; March, June, September, and December also carry the quarterly cycle.
  • SPX & XSP weeklys expire every business day except those that coincide with monthly OPEX or EoM.

For the mechanics of how monthly OPEX reshapes dealer gamma — pinning into Friday and the post-OpEx drift the following week — see OpEx Dynamics. For zero-day-to-expiration mechanics, see 0DTE & GEX.