First Week of FCG September 20th Options Trading
May 02, 2024 at 10:34 AM EDT
Investors in First Trust Exchange-Traded Fund - NYSE Arca Biotechnology Index Fund (FCG) saw new options begin trading this week, for the September 20th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 141 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..