Regardless if trade weekly or monthly options you are going to consistently go through expiration each year. That said, you should feel 100% comfortable with the expiration, exercise and assignment process when you eventually encounter it - because you undoubtedly will if you plan to trade options long-term for income. Our goal is to make sure you understand the logistics of how each process works and the parties involved. If you don’t feel confident in the processes or have questions that you just can't seem to get answered, then this section will help you.