First Week of TNK November 17th Options Trading
March 20, 2023 at 10:44 AM EDT
Investors in Teekay Tankers Ltd (TNK) saw new options become available this week, for the November 17th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly available 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..