Off top BM thinks next week is more of a premium eater week on OTM index calls.
If I were choosing a “safe” exp for an OTM yolo it would be Oct 7.
Thesis below: (this is speculation but my best guess)
🍞 We will run up into OPEX (Oct 16th) and sell down the week of.
🍞 You give yourself the whole last week of September for the 7 days to potentially play out and capture an easy win with theta protection going into the next Wednesday.
🍞 Mondays have been gap ups, the next Monday, (Oct 5th) you might have a chance to either salvage a negative contract or trim and PT on a positive.
🍞 Tuesdays (Oct 10th) are for tacos 🌮 Trump has a strange sense of humor and might send it then. You’d ride that expansion on a 100 pt + move the entire last day of exp.
Iran's Foreign Minister Abbas Araghchi:
"All those actions that the United States should take are not new. They are all already in the MoU. They are all already under the commitments of the United States. So we don't see any difficulty to implement them.
So I can tell you, if there is seriousness in the U.S. side, to come to a deal and reopen the Strait of Hormuz, everything is now prepared.
They can accept this 7-day plan, and at the end of which, the Strait will be open."