Got them at 3:25 for low of day
Chose 13 may 152.5 weekly calls, filled .49
If market bounces and they got in the money anytime this week I will make 300% +
If it doesn’t, I likely lose 100% of my contract cost.
Longer expiry is less risky. Mine are zero or hero
But I only need a reasonable market bounce to get back to 152.5 by weeks end
Only put into these what you are willing to lose.