HYS December 16th Options Begin Trading
April 18, 2016 at 11:13 AM EDT
Investors in PIMCO 0-5 Year High Yield Corpor (HYS) saw new options begin trading today, for the December 16th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 242 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..