First Week of IBB September 2023 Options Trading

Investors in iShares Trust - iShares Biotechnology ETF (IBB) saw new options begin trading this week, for the September 2023 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 354 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..