$Tesla (TSLA.US)$ Do you all buy options chain? Or unusual o...
$Tesla (TSLA.US)$ Do you all buy options chain? Or unusual options activity?
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Effendy : Call options. Take profit from buying and selling the option contract rather than the stock itself.
MrJJ OP : So how should we consider the number of days? Should we buy a longer date?
Effendy : Longer expiration has higher premiums. Premiums decay as they reach closer to expiration.
Longer date gives you more room to wait out for a recovery if it goes the wrong way.
MrJJ OP : Understood
Thank you 