First Week of NGL April 2020 Options Trading
October 28, 2019 at 10:57 AM EDT
Investors in NGL Energy Partners LP (NGL) saw new options begin trading this week, for the April 2020 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 172 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..