If you are wanting to learn more about Options for Beginners, this series will help you get started - th-cam.com/play/PLOWYpIs3JvGdKJ_ybN9UWMLiBiT_Vyag9.html
You are correct. I look at 30 days out instead of 45 days out which is optimal. However, on these smaller caps, I have found that 20 delta and 30 days out starts to get in the heart of the Theta burn which is what we want. The key to any trading strategy is managing the risk. I like to collect a larger amount up front and then manage the trade.
If you are wanting to learn more about Options for Beginners, this series will help you get started - th-cam.com/play/PLOWYpIs3JvGdKJ_ybN9UWMLiBiT_Vyag9.html
Will your live streams be uploaded as recordings?
Yes, since I will be live streaming on TH-cam, the recording will be available immediately after as a video.
What is your rationale for looking for a 20 delta? Is it because they are just enough out of the money to be profitable but not to risky?
You are correct. I look at 30 days out instead of 45 days out which is optimal. However, on these smaller caps, I have found that 20 delta and 30 days out starts to get in the heart of the Theta burn which is what we want. The key to any trading strategy is managing the risk. I like to collect a larger amount up front and then manage the trade.