This is my first post, I am primarily interested in options, and have read most of this forum. Fantastic info here helped a lot. I have taken the online options course at the Chicago Exchange, I have two accounts Etrade and TDAmeritrade. I am also going to open an account at thinkorswim. The main reason for 3 accounts is to compare tools. I will be doing speculative option trading in tech which is a sector I am very familiar with. I have a good understanding of the greeks and the basics of options. I am now on to selecting the right option for what I believe will happen. I plan to start with simple long calls. I know this is a risky strategy so I plan to manage my accounts so that I can make mistakes and wont get killed. Here are some of my questions: What is a good method to evaluate a call whether itâs cheap or expensive, software tools? What are the risks of going to far OTM, my thought is that the call is cheaper so the loss is minimized if the call becomes worthless, the trick will be finding the right balance. Should I wait for a move to start before purchasing the option to minimize the effect of T and V on the price. I am considering doing something like DEC, JAN, and APRIL call as a spread, any thoughts? Thanks.