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That's right. I don't. ITM, ATM, OTM is up to individual trader OTM can make huge money if it goes that way big time. I like ITM best becaus it's a day trade and I feel most comfortable in the money a bit to begin with. Sometimes ATM.

It's always the nearest strike and the nearest expiration. Friday's are best in stocks (usually) because the nearest expiration is always the weekly.

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Michael Petryni
Michael Petryni

Written by Michael Petryni

Journalist, film critic, screenwriter, proprietary trader seeking simplicity in trading. https://thegodoftrading.medium.com/subscribe

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