### Comment:
But then I can't go too far out of the money, which is the whole point. I am looking for those strikes that have a low likelihood of being reached. I do have some positions with 90-120 days to go, because I found strikes that were closer to the money and I either deemed them unlikely, or I didn't mind buying at those levels.

### REPLY:
For me, I don't want to tie up chunks of my finite margin 'buying power' for that long for that small of a return. Given your KO example. You have to tie up a min $400 per option to max gain $80 (used prices from this morning) over 443 days. That's just not enough ROI for me.

### END.