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Re: Icanslim post# 25544

Tuesday, 05/23/2023 5:00:12 PM

Tuesday, May 23, 2023 5:00:12 PM

Post# of 27662
2 reasons, the move was coming inside the next 2 weeks when I posted it...too far out & the cycle could move back to other direction and you won't get as good of price for strikes too far out & time too far out...also, the prices are extremely high & most people will trade strike price for op price...in other words if 336 QQQ was current price & you wanted 1-2 months out, you'd pay way more for 333 puts, than if you bought the 333's within 2 week period...so most people will end up buying 320 or lower (for same price 333's inside 2 weeks) & may not get that big of dip...higher risk...imo

The name of the game for me is cheapest puts with nearest strikes, inside of a period I have no doubt a dip is coming...

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