First Week of July 2014 Options Trading For Daily S&P 500 Bull 3x Shares (SPXL)
November 19, 2013 at 11:08 AM EST
Investors in Daily S&P 500 Bull 3x Shares (SPXL) saw new options begin trading this week, for the July 2014 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 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..