THE BEST CHANCE DAILY — OPTIONS DECISION CHECKLIST

Use this before treating any option as a usable candidate.

01 — TRIGGER
What underlying-price move must happen before the idea becomes actionable?

02 — CONTRACT
Which strike and expiration are you actually evaluating?

03 — SPREAD
Is the bid/ask spread acceptable for a patient limit order?

04 — LIQUIDITY
Do volume and open interest support the plan?

05 — REQUIRED MOVE
How far must the underlying move to reach break-even?

06 — OPTION RISK
What do delta, implied volatility, and event risk change?

07 — INVALIDATION
What evidence would prove the setup wrong?

08 — NO-TRADE RULE
What conditions mean you should walk away?

09 — DEFINED RISK
What is the maximum planned loss and position-size rule?

10 — REVIEW
When will the result be scored honestly—including no-trades and never-triggered ideas?

Never treat a ranking as permission to buy. Verify all live information at decision time.

Educational research, not personalized financial advice. Options involve substantial risk and can expire worthless. Verify live prices, liquidity, events, and suitability before making a decision.

THE BEST CHANCE DAILY
One lesson. One ranked watchlist. One disciplined process.
YouTube: https://www.youtube.com/@thebestchancedaily