Option Expire Maximum

Returns the furthest available expiration date for options on a given underlying stock using QuoteMedia's data service.

Supported Symbol Formats

Type Format Example
US Stocks SYMBOL AAPL, MSFT
ETFs SYMBOL SPY, QQQ

Parameters

Parameter Type Required Description
Symbol String Yes Underlying stock ticker
OnDate Date Yes Reference date

Notes

  • Returns the LEAPS or furthest-dated expiration
  • Different stocks have different maximum expirations
  • Liquid stocks typically have longer-dated options

Examples

=QM_GetOptionExpireMaximum("AAPL", DATE(2024,3,15))
Furthest AAPL expiry
=QM_GetOptionExpireMaximum("SPY", TODAY())
Furthest SPY expiry
Parameters from cells

When to Use

  • Finding LEAPS options
  • Long-term options strategies
  • Determining available expirations
  • Planning long-dated positions

When NOT to Use

Scenario Use Instead
Need nearest expiration QM_GetOptionExpireMinimum()
Need all expirations QM_GetOptionChain()
Need next N expirations ExpirationNext()

Common Issues & FAQ

Q: Why do some stocks have longer expirations? A: Liquid, popular stocks (AAPL, SPY) typically have LEAPS extending 2+ years. Less liquid stocks may only have 6-12 months of expirations.

Q: What are LEAPS? A: Long-Term Equity Anticipation Securities are options with expirations typically 1-3 years out.

Q: What date format should I use? A: Use Excel's DATE() function: DATE(2024,3,15) for March 15, 2024.

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MarketXLS Excel Add-in Tutorial - How to Use Option Expire Maximum and Other Financial Formulas
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