Basic Training: Expiration Mythbusting

• What is expiration? Why do options expire? What does Triple Witching mean? Quadruple Witching?
• How does expiration impact the Greeks? How has expiration changed with the advent of the weeklys?
• Myth: Is it true that options control the stock market on expiration Friday?
• What happens when you exercise an option? American vs. European exercise? Can you exercise options early? Should you? How does auto-exercise work?

Mail Call: Fall in for listener questions

• Question from Christina Rico - Will we ever have daily options?
• Question from Ian Nichol - Love the show. What do you guys (and lady) think of this VXX debacle with FINRA and Wells Fargo? Seems like a few of the folks at Wells Fargo should have been listening to this show.
• Question from TradeHer - How do we get more ladies into #options?