> ## Documentation Index
> Fetch the complete documentation index at: https://docs.gextron.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Contract Selection

> Choose the right expiration and strike when trading options with Gextron.

# 📑 Contract Selection

Picking the right contract is just as important as picking the right direction.\
Here’s how to choose contracts when trading with Gextron.

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## Expiration Dates

* For **monthly targets** → choose contracts **45–60 days out**.
* For **weekly setups** → choose contracts with **2–3 weeks** until expiration.
* For **day trades / scalps** → use **0DTE or 1DTE contracts**, but size smaller.

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## Strike Price

* Favor **in-the-money (ITM)** contracts for higher probability and stability.
* Typical range: **30–38 delta** for swing trades.
* Go slightly out-of-the-money (OTM) only when momentum and flow are strong.

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## Volume & Open Interest

* Stick to contracts with **high liquidity** (tight spreads, strong volume).
* Avoid illiquid strikes where slippage eats profits.

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## Example

* Market bias: bullish above P-Trans on QQQ.
* Entry at support level with daily target overhead.
* Select QQQ call option, **30 delta, 45 days to expiration**.

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👉 Next: Manage trades effectively with [Risk & Reward](/trading/risk-reward).