@assface_burner I would agree with you. My ES futures equivalent: Long ES @ 6679.25 on the 3 candle reversal. This will train up all night, barring any headline of course.
@assface_burner Changes daily but around $25k per. So $100k for 4. I know it’s substantial as well. Thus I’m curious what the premium would be in your idea and if the difference outweighs the theta decay risk.
@assface_burner 4 ES contracts x 20 = $4k
At this level of VIX & IV, what would ATM SPX premiums go for? Haven’t traded options in years since I switched to futures but I would think the premium amount to get the $4k would be substantial.
@Jake__Wujastyk@RobinhoodApp Never had $BMNR as a selling options play. Seems like IV is high. Is this because of earnings or is it normal for this coming week?