I also like to view the actual option and see how it's traded during the session, so if it is near the options high of the day, I will wait and watch for it to fall.
Good example is the BYND trade, I looked and saw the HOD on both the stock and options, so I waited. BYND started going and I bought in at $0.45 for 2, and then two more at $0.22. Current cost basis is $0.35, so hoping to win on that one.
Good example is the BYND trade, I looked and saw the HOD on both the stock and options, so I waited. BYND started going and I bought in at $0.45 for 2, and then two more at $0.22. Current cost basis is $0.35, so hoping to win on that one.