January 2018 Options Now Available For SPDR Barclays High Yield Bond ETF (JNK)
November 16, 2015 at 13:44 PM EST
Investors in SPDR Barclays High Yield Bond ETF (JNK) saw new options begin trading today, for the January 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 795 days until expiration the newly trading 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..