>>21801496>don't think you necessarily have to understand the math behind the number to use it to recognize patternsExactly. In an college biology class I took many years ago the professor was talking about how complicated the male anatomy is compared to the relatively simpler female anatomy. To sum up the discussion from that time, you don't need to know how a car works to be able to drive one.
Me I want to know the midpoint price, the time value and how much time is left. Many times I was able to buy options selling for very little time value 2 or 3 weeks out. I can now quickly do this on the fly looking at various strike prices of puts and calls. Basically I try to look for the value in the options plays. On when I sell calls I'm looking for the opposite. What has the least value.
Things change rapidly and you got to be quick.