I use options for directional betting for big caps. When my options move to deep ITM or OTM, i often found there are no bids in the market. Even though there are bids, the bid price is way out of theoretical value in favor of market makers. I do not have enough cash to exercise options to deliver the stock to close the positions, so the only thing i can do is to pray for someone coming to the market. Does the liquidity bother veteran traders here? How do you guys solve this problem?
Thanks in advance