RRR September 2021 Options Begin Trading
September 21, 2020 at 13:21 PM EDT
Investors in Red Rock Resorts Inc (RRR) saw new options begin trading today, for the September 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 361 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..