Convince me otherwise.
- Not only do you need to get the right direction, you better get the timing right.
Miss the time by a week? you’re screwed.
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Unless the price moves in your favor everyday, you’re also screwed due to theta decay.
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So you got the right price direction and timed it well, well it doesn’t matter if implied vol moves against you.
This happens all the time and earnings IV crush hits every quarter.
- Thinking about exiting a losing position? Well you’re also screwed trying to sell it to MMs who will fleece you.
Am I missing anything else?
Options are HARD (you’re just overconfident)
byu/judechrist4444 inoptions
Posted by judechrist4444
4 Comments
Wheel.
I don’t need to get rich quick but can generate some extra income with options.
Remember there are two sides to every options position
Be the MM
2yr expiration. Just have to get direction right.