First Week of April 2016 Options Trading For Daily S&P 500 Bull 3x Shares (SPXL)
August 26, 2015 at 12:32 PM EDT
Investors in Daily S&P 500 Bull 3x Shares (SPXL) saw new options become available this week, for the April 2016 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 233 days until expiration the newly available 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..