First Week of October 15th Options Trading For American Axle & Manufacturing Holdings
July 30, 2021 at 10:49 AM EDT
Investors in American Axle & Manufacturing Holdings Inc (AXL) saw new options become available this week, for the October 15th 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 77 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..