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REDDIT

How do you choose strike and date?

R
Jul 16, 2026 · 22:52

Hi all,

I've been trading common shares for a while and I've somewhat gotten a hang of it. I started looking at options yesterday and I'm having a tough time figuring out which strike price and date to choose.

From what I've understood so far, I can be directionally right but still lose money.

Grateful for any advice