January 2022 Options Now Available For Lloyds Banking Group (LYG)
May 20, 2021 at 12:44 PM EDT
Investors in Lloyds Banking Group plc (LYG) saw new options begin trading today, for the January 2022 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 246 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..