The Extrinsic Value Guide For Pro Options Traders (Full Explainer)

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[ManjitSandhu]

Thank you for a great video. One quick question please. Let us say I have sold CSP (or spread). At what extrinsic value am I at risk of getting assigned. I mean should I close when it reaches a certain threshold. Thanks

[GPx]

Intellient effing show that i cannot comprehend currently. De fi nitely going into the save for later playlist.

[dellman]

one thing you forgot to say is yes extrinsic value would decrease when the expiration is closer, ( assumption, earnings coming up soon) but if no earnings closer then the option is cheaper comparatively earnings. same day same option is higher due to earnings.

[golfrk]

For some reason, women have found it
offensive when I explain how a man asking out a girl he finds unattractive is like him selling a 10 Delta put. I go for at least a 70 on girls I ask out.