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May 17th Options Now Available For Lumentum Holdings (LITE)

Investors in Lumentum Holdings Inc (LITE) saw new options begin trading today, for the May 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 74 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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Lumentum Holdings Inc. (LITE)