One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 175 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. Investors in Shake Shack Inc (Symbol: SHAK) saw new options begin trading this week, for the March 2024 expiration.
