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Kylescrackhouse t1_ja9z66r wrote

why do you buy options a few days out instead of odte if u sell them the same day? I'm fairly new to this so i'm just curious if that's a better move than odte's

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DaddyDersch OP t1_jaa01sq wrote

I used to pretty much strictly do 0dte. However since November the premium movement on 0dtes has been fucky and not worth trading it.

I also use 4dte to give me a little bit of room for error/ wiggle rooom

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livelearnplay t1_jaa0jkk wrote

With 0 DTE your timing has to be be impeccable and more risk if you’re wrong as they can become worthless pretty quickly if it moves against you. Trading 0DTE requires high movement and momentum to really capitalize on in my opinion. If spy is barely moving $2-$3 then I stay away, but if there’s volume and volatility like last Thursday, then they can be worth playing.

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