August 21st Options Now Available For Illumina (ILMN)
June 04, 2015 at 11:28 AM EDT
Investors in Illumina Inc (ILMN) saw new options begin trading today, for the August 21st 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 78 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..