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First Week of DK April 2020 Options Trading

Investors in Delek US Holdings Inc (DK) saw new options begin trading this week, for the April 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 239 days until expiration the newly trading 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..
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