To The Moon

In the options market, time decay is a key profit driver for sellers. That’s why selling near-expiration short-term options (a.k.a. expiring options) has become such a popular quick-hit strategy.

Want quick wins from expiring options?

The Options Handbook shares key tricks to boost your odds—plus the risks to watch. (And join the events at the end to win rewards!) 🎁

▶ Give Your Odds a Boost with IV 🚀

1. Bigger Premiums: When IV is high, option prices shoot up. As a seller, you collect more premium, like charging extra for umbrellas on a rainy day.

2. Faster Time Decay: High IV doesn't just mean fatter premiums; it also means those premiums melt away even faster as expiration approaches. So, you can pocket your profits sooner.

3. Here's the twist: High IV usually pops up when everyone expects a big move in the stock. But if the fireworks never happen, the stock just chills out. You, the seller, get to keep that juicy premium.

▶ What Risks Come with Selling Zero-Day Options? ⚡

Selling options right before expiration can feel like easy money, but it's not a risk-free lottery ticket. Here's what you need to watch out for:

1. Unlimited Downside: If you're selling "naked" options (without owning the underlying stock as protection), your potential losses can be much bigger than you expect. Your profit is capped at the premium you collect, but your losses? They can get ugly, fast.

2. 2.  Market Surprises: A sudden news flash or surprise data drop can send IV soaring or prices swinging wildly, turning a sure thing into a scramble to cut your losses.

▶ Risk Control Tips 🛡️

To manage risk, you can set a stop-loss order on Tiger App so you exit quickly if the market swings too hard. And of course, you could also pick strike prices that are more conservative to give yourself a bigger safety net.

🎉[Mini Events]🎉

How to Join

• Flip to Chapter 5 of the book and find the section about expiring options. Snap a photo and post it in the comments along with your own short insight! 📸

• No book? Just go to the “Expiring Options” column on the Tiger app, take a screenshot, and post it in the comments—you can still join the activity!

Example: “Selling weekly options is a quick way to make money in a short time, but it requires traders to stay highly sensitive to both time and volatility.”

Prizes

• 🎁Participation Reward: 10 Tiger Coins for every valid comment.

• 📓 Scholar Award: Participants who leave insightful comments will receive a free copy of The Options Handbook!

Event Period

• 📅 Sep 12, 2025 → Sep 19, 2025

>> Redeem Options Handbook Now <<

>> Click here for the Simplified Chinese version <<