September 18th Options Now Available For Bank of New York Mellon (BK)
January 20, 2015 at 12:58 PM EST
Investors in Bank of New York Mellon Corp (BK) saw new options begin trading today, for the September 18th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 241 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..