Markio1315 : yes, event based IV decay
HaoHaoHao Markio1315 : Why is that?
wantqq123 : Earnings day is more suitable for selling options
73626370 : Me too
Markio1315 HaoHaoHao : because a lot anticipated bursting above 500. you see those below 480 small green.. the analysts pre earnings bullishness pump up the options premium. not many ppl short
lo Ty ol OP Markio1315 : Dam, so I should have bought a call closer to strike
Markio1315 lo Ty ol OP : but it would be damn expensive.. MM make sure they let the options above 500 expire
104329890 : Market interest is currently unstable and mostly bearish
Markio1315 : yes, event based IV decay
HaoHaoHao Markio1315 : Why is that?
wantqq123 : Earnings day is more suitable for selling options
73626370 : Me too
Markio1315 HaoHaoHao : because a lot anticipated bursting above 500. you see those below 480 small green.. the analysts pre earnings bullishness pump up the options premium. not many ppl short
lo Ty ol OP Markio1315 : Dam, so I should have bought a call closer to strike
Markio1315 lo Ty ol OP : but it would be damn expensive.. MM make sure they let the options above 500 expire
104329890 : Market interest is currently unstable and mostly bearish