PNM May 2016 Options Begin Trading
September 21, 2015 at 11:49 AM EDT
Investors in PNM Resources Inc (PNM) saw new options become available today, for the May 2016 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 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..