This article unlocks the secrets of open interest, revealing its power to gauge market sentiment and inform your trading decisions. Learn how strike prices and time to expiry influence open interest, and uncover valuable insights.

Understanding Delta, Gamma, and Theta is just the first step in decoding the language of the Greeks. 

Understanding and overcoming these psychological pitfalls is essential for developing a disciplined and profitable trading approach. In this article, we will further explore it. 

So, you're saying that we could potentially sell options on Friday and buy them back on Monday, taking advantage of this time decay?" 

I explained that Warren Buffett, the Chairman and CEO of Berkshire Hathaway, is himself involved in the industry that frequently uses derivatives, particularly in reinsurance. He has even participated in longer-term derivative bets. This revelation left the gentlemen shell-shocked and eager to learn more about options trading