September 2020 Options Now Available For Petroleo Brasileiro (PBR)
October 14, 2019 at 10:42 AM EDT
Investors in Petroleo Brasileiro SA (PBR) saw new options begin trading today, for the September 2020 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 340 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..