September 2016 Options Now Available For Energy Select Sector SPDR Fund (XLE)
October 01, 2015 at 11:43 AM EDT
Investors in Energy Select Sector SPDR Fund (XLE) saw new options begin trading today, for the September 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 365 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..