Reference · Education

When Are Weekly Options Available?

By the Weekly Options Team · Reviewed August 2026

When are weekly options available? The answer commonly given to this question is that weekly options are listed each Thursday, and expire the Friday of the following week.

This is actually not correct. Weekly options are listed on Thursdays, but the expiration date is typically six weeks from the time of listing.

WHEN ARE WEEKLY OPTIONS AVAILABLE? WHY THE MISCONCEPTION?

A common misunderstanding about weekly options is that each option only exists for a week, but the name actually has a different meaning. The expiration dates available for weekly options are each week, with the exception of the third Friday of each month, which is the expiration date for monthly options. For individual stocks this weekly cadence still holds, while the largest index and ETF products now offer additional weekday expirations and, for a few, daily expirations, so confirm the available dates on the chain for the name you are trading. In fact, another name for weekly options is weekly expiration options.

The way in which these options are truly “weekly options” is that they offer a choice of expiration dates that, combined with monthly expiration options, provide an expiration date every week of the year.

WHEN ARE WEEKLY OPTIONS AVAILABLE? (LISTING AND EXPIRATION)

New weekly options are normally listed on a Thursday, for the expiration date 6 weeks from the following day. There are no weekly options expiring on the third Friday of each month, as this is the expiration date for monthly options. Because of this, whether or not a new weekly option is listed on any given Thursday depends on whether the Friday six weeks from the day after is a weekly expiration date or not.

WHEN ARE WEEKLY OPTIONS AVAILABLE? AN EXAMPLE SHOWING HOW TO CHECK

Let's walk through an example, using dates from a July a few years back. Say today is Monday, July 19, and you are planning to buy a weekly option on AAPL, so you want to check the range of available dates. The first thing to do is open your broker's platform or a free quote site and bring up AAPL.

Then you open the “Options” tab to bring up the option chain.

At the top of the chain there is a drop-down menu of expiration dates.

WHEN ARE WEEKLY OPTIONS AVAILABLE? INTERPRETING THE EXAMPLE

This list of dates shows the next expiration date for this option first, followed by the subsequent dates. By looking at this information you can see that there is an Apple weekly option available for this Friday, July 23. It is the fourth Friday of the month, which means that it is a weekly expiration option, as the monthly option for July expired the previous Friday, July 16.

Depending on the catalyst (such as an earnings report) you are looking at as a reason to enter the trade, maybe an option contract that expires in five days gives you enough time to execute the trade you are planning to make.

DECIDING WHICH EXPIRATION DATE TO TAKE

If the catalyst is an event a little further away, Ian might look at a weekly option that has a later expiration date. However, he also keeps in mind that buying a contract with more time before expiration generally means paying a higher premium. It may be wise to wait until closer to the date on which the anticipated price movement will occur, and buy a weekly option with just enough time before expiration, rather than buying it earlier at a higher price.

Going back to our example, the selection of dates following the most immediate choice are July 30, August 6, August 13, and August 27. The list of dates also shows August 20, but this is the expiration date of the monthly option.

The dates shown after the end of August are for monthly options, and then followed by long-expiration options a year or more out, as weekly options beyond August had not yet been listed at the time of this example.

WHEN ARE WEEKLY OPTIONS AVAILABLE? THE LATEST TIME TO BUY

Weekly options, as with other options contracts, are available to be bought until the day before, or even the day of, expiration. Whether it is possible to buy and then sell a weekly options contract on the day of expiration depends on the guidelines of each broker.

PUTTING IT ALL TOGETHER

When trading weekly options, you need up-to-the-minute knowledge of the events affecting the market, as well as an understanding of which weekly options to trade, how much to pay for these trades, what strategies to use, and when to enter and exit each trade.

If that sounds like a lot of work, it is. Our membership publishes researched weekly options trade alerts, with suggested entries, our exit guidelines and the reasoning explained, and every trading decision stays yours. See how membership works.