First Week of STAY October 15th Options Trading
March 24, 2021 at 11:28 AM EDT
Investors in Extended Stay America Inc (STAY) saw new options begin trading this week, for the October 15th 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 205 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..