October 18th Options Now Available For Tenneco Inc (TEN)
February 24, 2014 at 11:53 AM EST
Investors in Tenneco Inc (TEN) saw new options begin trading today, for the October 18th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 236 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration..