September 2023 Options Now Available For Purple Innovation (PRPL)
October 22, 2021 at 11:16 AM EDT
Investors in Purple Innovation Inc (PRPL) saw new options begin trading today, 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 693 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..