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MayoLovinApe t1_ix0ln0r wrote

Reply to comment by Habooboo5 in To the ones that swing trade spy calls or puts or get massive huge gains by [deleted]

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

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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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