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if you understand theta and time-value erosion curve advantage, you would understand option strategy is a different ways.
i sold the put on 11-nov for META ( reasoning : 4hr chart , strong near term support , 200ma , rsi 50 means consolidating , my put strike is at the blue line. Delta 0.22 , weakest when market open last night)
I just need it to either consolidate or stay above 545 before 13 december’24.
#META #option #qqq #stock #mo...
i sold the put on 11-nov for META ( reasoning : 4hr chart , strong near term support , 200ma , rsi 50 means consolidating , my put strike is at the blue line. Delta 0.22 , weakest when market open last night)
I just need it to either consolidate or stay above 545 before 13 december’24.
#META #option #qqq #stock #mo...
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