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Username: BobM

Rating:
Guru Stars

Asked to: Jun Wang

Date Created: 25 Feb 2015
Category 46
Tag Forex
Question What is JAJO?
Advice from Guru
Hello BobM,

An acronym that represents the months of January, April, July and October. Many companies that pay dividends announce their intentions to pay them – or declare a dividend payable on a certain date – four times per year, in January, April, July and October, the months included in JAJO.

JAJO also refers to an option cycle – a pattern of months in which options contracts expire. Other option cycles include MJSD, which stands for March, June, September and December; and FMAN, representing February, May, August and November.

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