CHGG January 2021 Options Begin Trading
October 17, 2018 at 10:44 AM EDT
Investors in Chegg Inc (CHGG) saw new options begin trading today, for the January 2021 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 821 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..