Calendar spread on TSLA? Don’t mind if I do!

Download Options Playbook Radio 145: TSLA Calendar Spread

Today we are looking at calendar spreads. You can find this on pages 90 (calls) and 93 (puts) in The Options Playbook, on OptionsPlaybook.com, or in the Amazon Kindle?version.

Brian reviews:

  • Review of last week’s AMZN iron condor
  • Long calendar spreads = net long volatility
  • That doesn’t mean that you want a volatile market
  • When might this happen? Earnings!
  • Setting up the trade
  • Picking expirations
  • Picking strikes
  • What is the risk? Reward?