First Week of PHB April 2018 Options Trading
October 12, 2017 at 10:48 AM EDT
Investors in Fundamental High Yield Corporate Bond Portfolio (PHB) saw new options begin trading this week, for the April 2018 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 190 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..