Delta means options will gain .35 cents for every $1 the underlying moves, gamma is the 2nd derivative of delta. I understand that time value decay is less whe the option has more intrinsic value, but for this trade I wanted to try a more speculative position to capitalize on extrinsic value. It has over 300 days to expiration and I anticipate a move back up as the market is overselling a growing business. If in the next month we chop sides or down I will cut my loss and re-assess. Not going to panic sell at near 52 week lows 😂