FusionDude, yep at every crash they say things like, “this time it’s different”….and it’s never different. Just “emotionally” they “feel like” it is. Yet “feelings” have nothing to do with what will happen. Agreed.
one-month options are the riskiest because he’s at the height of premium erosion due to time decay being at its greatest in an option in the final 30-45 days until expiry.