Interesting PSXP Put And Call Options For September 16th
January 25, 2022 at 10:41 AM EST
Investors in Phillips 66 Partners LP (PSXP) saw new options begin trading this week, for the September 16th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 234 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..