Short-dated options have taken off in popularity since being introduced on
stocks and exchange-traded funds in the summer of 2010. By some accounts, up
to 20 percent of daily trading volume may be attributed to these options. Shortterm stock traders who shied away from options have come to embrace the
shorter-dated contracts. Also, historically, there have been certain trading
strategies that would only be implemented the week of expiration. Now every
week is expiration week for options on almost 200 markets!