First Week of July 2019 Options Trading For Penn National Gaming (PENN)
November 20, 2018 at 11:04 AM EST
Investors in Penn National Gaming Inc (PENN) saw new options begin trading this week, for the July 2019 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..