January 2022 Options Now Available For Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares (SPXL)
September 16, 2019 at 11:51 AM EDT
Investors in Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares (SPXL) saw new options become available today, for the January 2022 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 858 days until expiration the newly available 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..