How can I identify when my contract expires?
Understanding the expiry date of your derivative contracts is essential for effective trading and risk management. FYERS provides clear indicators to help you determine contract expiries.
How to identify contract expiry
Derivative contracts—futures and options—have predefined expiry dates. These are typically categorized as:
- Near month: Current month's expiry
- Next month: Following month's expiry
- Far month: Expiry in the third month from the current
The expiry date is embedded in the contract symbol on FYERS, usually in an abbreviated format indicating the month and year.
Example
Consider the contract symbol: NSE:NIFTY19NOV11500PE
- NIFTY: Underlying asset
- 19NOV: Expiry month and year (November 2019)
- 11500: Strike price
- PE: Put Option
This denotes a NIFTY Put Option with a strike price of 11500, expiring in November 2019.
What If...
| Scenario | Explanation |
|---|
| I'm unsure about the expiry format | The expiry month and year are embedded in the contract symbol between the asset name and strike price. |
| I accidentally traded the wrong expiry | You can exit the position before expiry, but the trade can't be reassigned. Always verify the expiry before placing an order. |
| I see multiple similar contracts | These represent Near, Next, and Far month contracts. Check the expiry part of the contract symbol to distinguish them. |
| I need to find expiry details quickly | Use the Option Chain or Market Depth on FYERS Web or Mobile platforms—they display contract expiry dates clearly. |
For the latest updates on expiry dates and contract specifications, visit the official FYERS Notice Board. Last updated: 28 Jun 2025
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