Bekka, let’s think this one through for a second. Who’s teaching you? Your broker. How are they compensated? They get a commission on every option trade you do. So…if I’m your broker, am I going to encourage you into short-term options where you’ll be doing commissionable trades more often or am I going to lead you into higher probability, longer-dated options that have higher probable outcomes? Follow the money and you’ll reveal the motivation. It’s why I like my fee structure the way it is…so that I can just focus on doing what’s best for y’all.
But one-month out options, while cheap…are cheap for a reason. They’re low probabilities of panning out for you.