SPDR S&P 500 (SPY): Good post for someone like me who never...

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Re: USDollar post# 275851

Friday, 01/11/2019 12:42:55 PM

Friday, January 11, 2019 12:42:55 PM

Good post for someone like me who never buys options > 60 cents in price and obviously always OTM for that price and weekley and have lost lots of money. Using your strategy, How do you deal with time value decay if you don't get move in underlying in your intended direction. Like you can get above your support but what if it happens only a day before or on day of expiration.

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