Replies to post #1321 on Boeing Company (BA)

[Porgie Tirebiter]

Well, ya got me on that one as I'm utterly clueless about short term price action. And an options trade is by it's very nature short term.

So I stick with low or delta neutral positions. Decay in implied volatility and time are how I make money, not with share price directional bets.

This video is oversimplified but, without getting deep in the math, delivers a pretty decent explanation: