September 2022 Options Now Available For SPDR Series Trust - S&P Oil & Gas Exploration & Production ETF (XOP)
October 11, 2021 at 10:54 AM EDT
Investors in SPDR Series Trust - S&P Oil & Gas Exploration & Production ETF (XOP) saw new options begin trading today, for the September 2022 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 340 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..