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Review of Option Activity Based on Weekly Bullish 3 Bar Reversals. Review of 3 Deals- FOE TER PHO. FOE Weekly Chart Daily Chart. TER Weekly Chart Daily Chart. PHO Weekly Daily. Buying Options During the Last Week of Expiration is the Riskiest Time to Purchase Options! Why?.
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Review ofOption ActivityBased onWeekly Bullish3 Bar Reversals
Buying OptionsDuring the LastWeek of Expirationis theRiskiest Timeto Purchase Options!Why?
If you buy optionsin the last month ofexpiration, youneed the stock tomove in your directionImmediately!
Remember the TWOtimes when PremiumErosion happensthe Fastest …
1) Over the weekend justbefore expiration, and2) On the night beforeexpiration
If you Buy Options …I suggest you buy atleast 3 months of Time!
Weekly 3 Bar ReversalsCan be Great Stocksto Trade.Ideally, you are looking for thetrends on both the weekly &daily charts to be in the directionof the Weekly Reversal Bar. Then, look to enter off apullback on the daily chart.
Usually, Pullbackslast 3 -5 days.Look for a valid Dailyreversal Barwithin that timeframeto enter.
If you use Options insteadof buying the stock,then buy at least 3 monthsof time.