Buy or Sell During Option Expiration?
I was wondering if it was a smart decision to buy options for the next month on the day before the current month expiration or after the month expiration. Basically I am asking if options trade a certain way before and after option expiration.
Here is an example of what i am asking, say I wish to buy Feb calls and it is Jan 16th, the day before the January calls expire, should I buy my Feb calls before or after Jan option expiration, do stocks follow some sort of general trading trend of expiration day?
P.S. I am intelligently aware of option trading I understand the risk and I have traded them before successfully. I was wondering if there was a general strategy for buying options close to a existing option expiration. I know the stock will do well, but I don’t want to buy just to see a dip on expiration day, therefore i ask if there is such a rule for this specific scenario.