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Habooboo5 t1_ix0l9b0 wrote

It’s gambling. Buy deep OTM options, get lucky. And once you have the benefit of hindsight it was an obvious play

23

MayoLovinApe t1_ix0ln0r wrote

Yeah fuck them deep otm options. Even 2 dollars out the money is a bitch with theta.

4

megaultraman t1_ix0upcn wrote

That's why ppl do 0dte options. Can't have theta if there's no time left before expiration

23

Techn0Dude t1_ix1ttcs wrote

If you’re weird about theta, buy strikes more than 30dte. Otherwise, it’s all calculated gambling with 0dte options.

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