First Week of May 2021 Options Trading For GTT Communications
September 21, 2020 at 11:01 AM EDT
Investors in GTT Communications, Inc (GTT) saw new options begin trading this week, for the May 2021 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 242 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..