### Comment:
Why’d you buy puts so far otm? I’m new at this and everything I’ve been reading strategy wise says to buy close to atm. I know you werent planning on exercising the option but wouldn’t this still apply?

### REPLY:
Buying far OTM is essentially saying it’s going to move bigly, in my direction by a certain date. Price moving in your direction violently enough to skew the theta decay in your favour. The goal wasn’t for the option to end up ITM necessarily, just to have the price increase and sell to some other autist buying FD’s

### END.