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IRDM December 17th Options Begin Trading

Investors in Iridium Communications Inc (IRDM) saw new options become available today, for the December 17th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 304 days until expiration the newly available 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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