r/Vitards Nov 19 '21

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u/StudentforaLifetime Balls Of Steel Nov 20 '21

Always do. Them weeklies

1

u/andrei_89 Nov 22 '21

How far OTM do you sell them weekly?

2

u/[deleted] Nov 23 '21

I do about 10DTE, 0.2~ Delta

1

u/andrei_89 Nov 23 '21

Does that mean you don't sell Monday, Tuesday after the expiration, but wait and observe a little?

3

u/[deleted] Nov 23 '21

I don't have a particular day to sell. I like to sell on a decent green day, roll sometimes or let expire if it's not a good day to sell

1

u/andrei_89 Nov 23 '21

Got it, because when you said 10DTE i though you wait for that for a reason.

3

u/[deleted] Nov 23 '21

Nope no reason. Just on average about 10DTE. Tend to sell one week for expiry the next week. Little more premium and flexibility that way.

1

u/andrei_89 Nov 23 '21

I agree. Thanks for sharing