First Week of June 2016 Options Trading For SPDR S&P Oil & Gas Equipment & Services ETF (XES)
October 22, 2015 at 10:51 AM EDT
Investors in SPDR S&P Oil & Gas Equipment & Services ETF (XES) saw new options become available this week, for the June 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 239 days until expiration the newly available 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..