April 2022 Options Now Available For Summit Materials (SUM)
April 12, 2021 at 10:58 AM EDT
Investors in Summit Materials Inc (SUM) saw new options begin trading today, for the April 2022 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 367 days until expiration the newly trading 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..