Sorry
@EV forever , just took a closer look at this. This illustrates really well why the June'2022 1000C are very nice from a risk/reward perspective... And why risking March'2022 vs June'2022 doesn't seem to be worth it.
Some other things that can be helpful to look at are...
breakevens vs stock (important to calculate and not guess)
breakevens vs other options
Yes, looking at a interim snapshot date is cool but also look at taking to expiration. OK, duh, you are looking at May'2021 what if because you would probably roll them then, right?
Dollars of premium per delta. (riskier, higher strikes cost less per delta, but break easier) (included in chart, nice)
Dollars of premium per day (days to expiration).
To complicate ALL of this and possibly in some folks minds contradict earlier posts... A year from now, IVs are likely to be lower, especially if S&P inclusion has happened by then. Wouldn't be surprised if the IV curve moved down from 70 front & 60 leaps... to 60 front and 50 leaps. Some flexibility of when to sell/trim is good.