First Week of October 15th Options Trading For Direxion Shares ETF Trust - Daily Tech Bear 3X Shares (TECS)
February 22, 2021 at 10:34 AM EST
Investors in Direxion Shares ETF Trust - Daily Tech Bear 3X Shares (TECS) saw new options begin trading this week, for the October 15th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 235 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..