First Week of LIT January 2024 Options Trading
September 14, 2021 at 10:42 AM EDT
Investors in Global X Funds - Global X Lithium & Battery Tech ETF (LIT) saw new options become available this week, for the January 2024 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 857 days until expiration the newly available 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..