First Week of February 2020 Options Trading For CarGurus (CARG)

Investors in CarGurus Inc (CARG) saw new options become available this week, for the February 2020 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 235 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..
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