What’s your rationale on the UPS ITM leap? I’ve been doing a lot of analysis on it and am looking for a second opinion as I am also bullish on the stock and company as a whole.

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Monday morning I am playing itm call Leaps on google for January. Bout to be rich.

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Good buy Sell some itm covered calls if you think the downward trend will continue … or if is opens strong on monday, you might already be able to sell with a profit.

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Would he be buying calls and puts ITM to make a profit?

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I prefer itm or only slightly OTM

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Do you mostlh buy LEAPS and ITM or OTM? Do you also hold shares?

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I generally like to go ITM or just slightly OTM on my LEAPS. You pay higher premiums but have a bit more protection in the event the market turns against you for some time

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Most definitely 10+ contracts since it was a 0dte Unless it was pretty deep ITM

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this is always the way with options, sell calls when stock is going up, sell puts when stock is going down, buy calls when stock is going down, buy puts when stock is going up. This will always give you the best price / most premium if you can include it in your strategy. If you learn about intrinsic / extrinsic value of an option you will understand better the flexibility of buying ITM, ATM, OTM. Theta decay is a curve. Learn about different DTE and how that affects theta decay. LEAPS are almost like buying the stock, but for much less capital expense. UNH @ $300 per share... I bought $250 strike call for 1 year out. I pay intrinsic value, plus the theta decay. $80 / share instead... understand now? 8k of capital has 3k profit already, If I bought 8k of shares... I would have much less profit... understand? I risk less capital, but make more profit. This option is already ITM, it is behaving like a share of the company. I have 100 shares instead of 26. Get it?

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I keep selling ITM naked puts every week and I’m kinda sad I haven’t been assigned

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