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"Most of them have a six month expiration date after opening and need to be stored in a cool environment, some even in the fridge.
Their conclusions: first, Vasconcellos says that Brazilians tend to favor spontaneous activities as opposed to discounts or gift cards with a six month expiration, so Peixe Urbano will include more time-sensitive deals, like cheap tickets for next-day shows or happy hour at the local restaurant.
Now their future legal status and hope to remain in this country has a six month expiration date.
This longer-term bearish stance suggests the put buyer may expect Cemexs shares to decline significantly in the next eight months to April expiration.
Just ahead of midday, one investor sold 20,000 March expiration calls for Bank of America at the 8.0 strike at a 67-cent premium.
One call trader sold several thousand call options at the April expiration at the lowest possible 1.0 strike while purchasing the same amount at the May expiration.
Apple said Friday that it will pull NBC shows from iTunes in September, three months before the early-December expiration of its contract with the Peacock Network.
Investors long the calls make money if shares exceed the average breakeven price of $65.99 by August expiration.
Call buyers at this strike are prepared to make money should SBUX shares rally another 3.9% to trade above the average breakeven price of $29.47 by November expiration.
Profits start to accumulate to the downside if the contract driller's shares slip beneath the effective breakeven price of $79.82 by May expiration.
Investors buying the spread are positioned to accrue profits should shares surge 22% above the current price to surpass the effective breakeven point at $70.15 by March expiration.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com