One thing about flies--it's a tool. There are modalities that dictate fly vs. calendar. vs. whatever. You don't buy calendars if you're looking to trade gamma. There are better choices to isolate gamma. Flies are my go to because of the granularity and ability to embed. why buy an ATM 70 call at...
Love atticusdestpoopy terminology and thoughts
Lets say I think $SPY will be >$600/share by Jan 2025
Would it be better to trade a bunch of weeklies, every week, or monthlies, every month, or 4-5-6-7 months out and leverage it?
Need some input on long call/put buying.
Whats your experience in buying specifically calls (could be puts, tho) on long dated options for a long-term play. I'm talking options with at least 3-6-9+ time frames.
I never bought an option over 3 months until exp, so not quite sure how these types...