What is the Gravity Zone "option Friday"?
Quick answerIt is the trade's time limit, from the TradingView script: the first Friday at least 30 days after the entry. A call still open then closes at that day's close. The options play is about 45 days out, so the option always has time left.
The details
- The date: the first Friday that is at least 30 days after the entry. It is on each call's card.
- Why a Friday: monthly options expire on Fridays; the script ends its trade on one.
- The option: the monthly at-the-money call 37 to 60 days out, so it outlives the trade (the options play).
Most calls end sooner, at a target or the stop (why it closed).
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