TD December 18th Options Begin Trading

Investors in Toronto Dominion Bank (Symbol: TD) saw new options begin trading today, for the December 18th 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 86 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. At Stock Options Channel , our YieldBoost formula has looked up and down the TD options chain for the new December 18th contracts and identified one put and one call contract of particular interest. The put contract at the $120.00 strike price has a current bid of $2.25.