system
A chat on subreddit /r/wallstreetbets
human
Why not closer dated to capture the higher IV?

gpt
Despite 115% IV the premiums are pretty meager to budget in a 20% drop which is how much buffer I typically like to price in (although that didn't do me a damn bit of good watching $GME drop 40% in a day). The 21 JUN don't look too bad though. I'll figure it out Wednesday.