January 2016 Options Now Available For American Axle & Manufacturing Holdings Inc (AXL)
September 16, 2013 at 12:04 PM EDT
Investors in American Axle & Manufacturing Holdings Inc (AXL) saw new options begin trading today, for the January 2016 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 851 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.