GLD October 19th Options Begin Trading
June 24, 2013 at 15:29 PM EDT
Investors in SPDR Gold Shares (GLD) saw new options begin trading today, for the October 19th 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 117 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.