BRZU August 17th Options Begin Trading
May 22, 2018 at 11:33 AM EDT
Investors in Direxion Shares Exchange Traded Fund Trust - Direxion Daily Brazil Bull 3X Shares (BRZU) saw new options begin trading today, for the August 17th expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 87 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration..