dimely demise?

What does dimely demise stand for?

Well, there was I time when I was playing MMORPG and there was a food your character could consume to gain some kind of power. This was called timely demise.

I mostly trade options. To be clear, I sell them to profit from the theta – the time decay. Options have a clear expiry date, so there is a time when a option contract will be worthless. Until then, a contract will lose value.

This is the demise.

But does it drop huge dollar amounts per day? Well, sometimes, it does. But most of the time, there are only small movements.

Dimes so to say.

And that it. Thats the base behind my approach to trade. I sell, I wait for the dimely demise. I profit.

Thats my strategy in a nutshell.