SPDR S&P 500 (SPY)

[Wishthiswasmyjob]

Yes, you would be correct, and
of course, simple math would also confirm your conclusion.

But I'm not sure what your point is...
Was there confusion with the words, "I CONSIDER" ??

Watching, waiting, and avoiding time decay would also imply
proper discipline.... Don't over trade.

Even if you see a perceived great opportunity, like maybe we'll have today
on an opening gap up... Use proper money management...
Only buying 1or 2 SPY 359 puts instead of going large and buying 10...