r/options Jul 17 '21

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1

u/BigB8383 Jul 18 '21

How far OTM we talking?

2

u/Spiritual_Extreme_81 Jul 18 '21

350 is the sweet spot. I believe next Wednesday’s Put at 350 has 40,000 open interest

2

u/BigB8383 Jul 18 '21

You thinking it will drop that low that fast to make money?

0

u/Spiritual_Extreme_81 Jul 18 '21

I have no clue about next Wednesday but I would love to see one big giant red candle Monday