First Week of September 18th Options Trading For iShares iBoxx Yield Corporate Bond Fund (HYG)
January 22, 2015 at 12:07 PM EST
Investors in iShares iBoxx Yield Corporate Bond Fund (HYG) saw new options begin trading this week, for the September 18th 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 239 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..