### Comment:
That might be cutting it a little close. What’s the strike price?

### REPLY:
whatever is closest to ATM at the time. I want to enter at charm = 0 so it works in my favor and increases delta relative to time if I'm right, and also decreases delta relative to time if I'm wrong. I like that this allows for a larger fluctuation in the stock price before I hit a predetermined % stop loss on the option I bought.

### END.