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September 01, 2020 1:37pm
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First Week of GASL September 20th Options Trading

Investors in Direxion Shares Exchange Traded Fund Trust - Daily Natural Gas Related Bull 3X Shares (GASL) saw new options begin trading this week, for the September 20th 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 240 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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