In this episode, Brian covers:
- Using a pricing calculator to review different scenarios
- Buying an out-of-the-money option
- What happens to delta?
- Looking at probability
- When time is your ally
- When to buy an out-of-the-money option
- How to get low time premium
- Closer to expiration = higher delta
- What about at-the-money options?
- When to buy, and when not to
