June 2024 Options Now Available For PENN Entertainment
May 30, 2023 at 11:17 AM EDT
Investors in PENN Entertainment Inc (PENN) saw new options become available today, for the June 2024 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 388 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..