First Week of July 16th Options Trading For Direxion Shares ETF Trust - Daily Tech Bear 3X Shares (TECS)
January 04, 2021 at 10:36 AM EST
Investors in Direxion Shares ETF Trust - Daily Tech Bear 3X Shares (TECS) saw new options become available this week, for the July 16th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 193 days until expiration the newly available 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..