/biz/ - Business & Finance

>>24065612
>First time
there is your answer!

>he bought weeklies

Why are you still holding these you fucking retard they expire tomorrow.

>>24065705
Is it tomorrow at the start
Or tomorrow at the end of the day?

I personally only gamble weekly is on Monday or Tuesday maybe a Wednesday but Thursday or Friday it gets a little too risky because of how close the expiration is. If your IV is really high there's a good chance that you're fucked if it goes the wrong way. basically you're going to lose more money every time it goes the opposite direction and make less money back when it goes in your favor.

>>24065705
he prolly waiting for monday, kek

>>24065725
The fact that you're asking this question means you shouldn't be playing options. You're a full autist and you're going to lose your shit. I bought Tesla faggot delights on Monday (weeklies) and I've already sold them for 200% profit. Most likely your options will expire worthless. If you're going to be retarded at least go a couple weeks out at the same strike. Give yourself space for error. at least try to buy a call at the first dip of the day and sell it before close.

You have $8,000 in your account so you can afford a further out strike so why not use that one instead you'll still make the same percentage if you're correct. my biggest returns were when I bought them at least a month out and let them go deep into the money.

Also the further out you go the less you have to deal with theta decay and IV won't really affect you too much either

enjoy holding worthless options tomorrow, faggot

>>24065612
>>24065725
holy shit retard lmfao

>>24065612
Bro you gotta learn about implied volatility and theta. I only buy options that expire at least a month out. Save some capital and buy leaps.