How Time Decay Affects Your Options

When I sell options, I want the contracts to expire worthless, plain, and simple. You see, I get paid a credit to put the trade on. And I want to keep as much of that credit as possible. Typically, time decay works for me when I sell options, gnawing away at the...

Don’t lose another dollar to time decay

The moment you buy an option, the clock starts. Every second of every hour eats away at the value of that contract. If you’re not careful, the option could be worthless by expiration! I learned to flip the script by selling options. That put time on my side. Every...