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Re: la-tsla-fan post# 73543

Monday, 01/09/2023 10:35:10 AM

Monday, January 09, 2023 10:35:10 AM

Post# of 87448
Ok, so you're debating on ITM vs OTM. There's a reason I voice against it. When you near the expiration, the likelihood of being hung by time decay: Theta will chew up your investment. Exposure to expiration on worthless contracts are exactly why they're so cheap. Hence why I keep referring to them as Homeruns. You may as well go for 80p and 150c. You're employing the same recklessness that destroys every portfolio who attempts options.
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