First Week of RAI May 2015 Options Trading
September 26, 2014 at 11:19 AM EDT
Investors in Reynolds American Inc (RAI) saw new options begin trading this week, for the May 2015 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 231 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..