First Week of October 20th Options Trading For Magellan Midstream Partners (MMP)
May 24, 2023 at 15:01 PM EDT
Investors in Magellan Midstream Partners LP (MMP) saw new options become available this week, for the October 20th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 149 days until expiration the newly available 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..