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AK

Following0Followers (X)12.92KPosts701Likes14.41K
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I def. miss the market where it's less news drive, and TA actually works rather than watching his tweet pump/drop instant 50 pts. $SPY $SPX

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Why I buy closer to the money instead of way OTM For an example if $SPY at 760 → I take 761 or 762 calls max. Closer strikes have higher delta, so they move more with the stock. Way OTM options have low delta — you need a big move just to make them work. They also burn theta faster relative to the premium. Closer strikes give you better probability and cleaner risk/reward instead of lottery tickets.

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Agreed with @retail_mourinho A lot of the moves feel like pure Algo driven as well. Many charts look very similar. Feels different from 3 weeks ago, is a big move coming?