### Comment:
Sorta noob here. If I buy ITM options far in the future won't I get hit with big premiums cause of the theta time cost?

### REPLY:
They typically have a smaller theta decay and a delta closer to 1, thus time doesn’t effect them as much the deeper in the money you go. Extremely deep ITM contracts have a delta so close to 1, that many investors consider them to be future-like because more than likely they’ll be exercisable.

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