First Week of ALGN October 16th Options Trading
February 25, 2015 at 11:06 AM EST
Investors in Align Technology Inc (ALGN) saw new options begin trading this week, for the October 16th 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 233 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..