What is the advantage of using spreads vs just deciding upon a strike and buying those puts/calls for a move?
I don't get what the advantage is of buying say three calls at three different strikes vs just buying three calls at the middle strike of those three...
Personally I prefer 1ITM or 1OTM. If playing weeklies I always stick with 1ITM or very close to that.
I don't get what the advantage is of buying say three calls at three different strikes vs just buying three calls at the middle strike of those three...
Personally I prefer 1ITM or 1OTM. If playing weeklies I always stick with 1ITM or very close to that.