Generally the last date on which a future and an option contract may be exercised. It is the date specified in the contracts. This is the last day on which the contract will be traded, at the end of which it will cease to exist.
If you spend more than 13 minutes analyzing economic and market forecasts, you have wasted 10 minutes.
A market participant who tries to profit from buying and selling futures and options contracts by anticipating future price movements.