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XOP August 17th Options Begin Trading

Investors in SPDR Series Trust - S&P Oil & Gas Exploration & Production ETF (XOP) saw new options become available today, for the August 17th 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 95 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..
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