Managing at 21 DTE

At tastytrade, one of the core components of our management strategy is to manage our positions, especially the undefined-risk positions at 21 DTE in the expiration cycle. While doing this does mean that we forgo the increased theta decay that occurs closer to the expiration, it also means that we avoid the increased <a href="https://ontt.tv/Nhmi5">gamma risk</a> that occurs closer to expiration. And given our core philosophy of focusing on <a href="https://ontt.tv/75SCl">duration over direction</a>, we like that trade.Have you seen our <a href="https://youtube.com/playlist?list=PLPVve34yolHY2tN8U9QySzujt1iP_YHT0">BRAND NEW CRASH COURSE on Rolling</a>?