April 2015 Options Now Available For Sotheby's (BID)
August 18, 2014 at 13:09 PM EDT
Investors in Sotheby's (BID) saw new options begin trading today, for the April 2015 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..