First Week of November 15th Options Trading For DraftKings (DKNG)
March 15, 2024 at 12:17 PM EDT
Investors in DraftKings Inc (DKNG) saw new options begin trading this week, for the November 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 245 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..