What are your typical strategies for options close to expiration (1-2 days before expiry)?
Posted Jan 28, 2016, 4:16 PM UTC
38
time travel
7
Hope it moves enough for you to sell and get more than a few pennies back.
3
Wow. Quick $1,200 profit. Over just 30 minutes. That was insane!
3
enjoy that, shit is risky, the wins are huge the losses are 100%
5
[deleted]
1
I got some $FB 108 calls expiring tomorrow with some extra cash, and I'm at ~breakeven now. This is the first time I'm playing with options so close to expiry, so fingers crossed on at least a little profit!
1
There are no strategies. It's betting at that point. I learned the hard way now only play with options that are at least a month out. You're always going to hear about the asshole that got 869% gainz on a friday afternoon, but for every dick like him there are 23 that lost pretty much everything.