Weekly or monthly options? Jim Schultz says it really comes down to one thing: liquidity. His favorite gauge is not open interest or volume, it is the bid ask spread on the strikes you actually trade. That spread is real money, because retail tends to buy the offer and sell the bid.
In the most liquid names like SPY, QQQ or Apple it barely matters, weekly or monthly, the markets are tight either way. Step off the top tier and weekly spreads can widen a lot versus the monthlies. So his default is monthlies for foundational trades, with weeklies for highly liquid names or binary events like earnings and the Fed. This is education, not a recommendation.
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Chapters
00:00 Weekly or monthly, it's liquidity
00:47 Why the bid-ask spread is the tell
01:31 ...