Calculate Date Of Next Occurring 3rd Friday Of Month?

Oct 18, 2013

I am trying to calculate the Date of the next occurring 3rd Friday of the month in relation to a Static Date in a cell. So if Static Date in cell is Tuesday of the second week of a month, then I am trying to return the date of the 3rd Friday of that month. If the static date in the cell is the third friday of the month, I just want to return that particular date. And if the static date is after the 3rd Friday of the month, I am trying to return the 3rd friday of the following month. So far here is the formula I am using:

Code:
=DATE(YEAR(A2),MONTH(A2),14+CHOOSE(WEEKDAY(DATE(YEAR(A2),MONTH(A2),4)),2,1,7,6,5,4,3))

The problem I have is that if the static date is after the third friday of the month, this continues to return the 3rd friday of the month of the static date and does not advance to the third friday of the following month. Looks like I cannot attached a sample spreadsheet but here is a screenshot of the sample sheet:

[URL]

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HTH

TJ

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