Gamma and Expiration

With our undefined-risk positions, we always want to aim to manage them at 21 DTE to avoid the gamma risk that is associated with carrying trades closer and closer to expiration. But when we look at the actual graph of gamma over time, we see that there isn’t much difference between 21 DTE and, say, 18 DTE. So if life ever gets in the way, and you can’t roll on time, an extra day or two isn’t going to matter much in the grand scheme of things.<a href="https://ontt.tv/svR9N">Did you catch my naked strategies for a $5,000 account segment</a>?<a href="https://youtube.com/playlist?list=PLPVve34yolHb1iEcEtisF9oeuiFAOr5f6">Check out my YouTube Series on Trade Management</a>!