What is the Expiry Date in the Futures and Options Contract?

It is a particular date on which the Futures or Options Contract expires. After this date, the contract is no longer valid. 

Different contracts have different expiry dates, and they are specified when the contract is created. There are usually various expiry dates available for a particular underlying asset, allowing investors to choose contracts that align with their trading or hedging strategies.  

For traders, being aware of the expiry dates is crucial. It helps them plan their trading activities effectively.