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[Music] welcome back folks this one is all about picking the right strike why do we sometimes go way out of the money sometimes its closer to the money some im almost in the money sometimes further out on expiration sometimes only a couple of days until expiration so heres why sometimes we have a very good big bullish news something that is going to move our momentum and look at this snap we only had a few days until expiration however we were breaking that 57 line and this is what we did on wednesday when it came back down see this old 57 line when it came back down we were still under 57. we picked 57 because i was pretty confident we were going to break the 57 meaning at expiration 57 or up will remain some value on the premiums we picked this one for about a dollar three or just a little over and we held through the breakout of that on that line and then it ended up being well in the money almost six dollars at expiration my point is not to sell at expiration my point is to brea
