system
A chat on subreddit /r/wallstreetbets
human
Yeah, of course. I totally understand the risks with buying OTM. I almost always choose my strike price and expiration based on a delta of 0.3 to 0.4, and an expiration far enough away that it has enough time to move.  If I wanted to make a play with a closer expiration, I would definitely choose an ATM strike price. 
  
 I agree that everything is priced in, which is why a hunch is as good of a reason as any to take a risk with something. 
  


gpt
How far out do you go? 2 months? Or more?