First Week of NOVA October 17th Options Trading

Investors in Sunnova Energy International Inc (NOVA) saw new options begin trading this week, for the October 17th 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 238 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..