Next 3rd Friday (Indicator)Analysis Techniques & Strategies
Next 3rd Friday (Indicator)
| Name | Expression | Default | Description |
| Series | Numeric | 1 | How many months ahead to calculate the number of days until its 3rd Friday. For example, 1 = the current month, 2 = the next month, 3 = the month after that, and so on. |
The Next 3rd Friday indicator calculates the number of days until the third Friday of the month specified by the Series input. This indicator is generally used to easily track the days remaining until expiration of stock or index options.
| Number | Name | Default Color | Description |
| Plot1 | Next3F | Cyan | Plots the number of days until the specified third Friday as a line. |
When applied to a chart, this indicator contains one plot, displayed in a separate subgraph from the price data.
This indicator calculates all days (including Saturdays and Sundays) excluding the current day.
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