If you put on a long calendar spread, what do you want to happen to volatility after the trade is put on?
Click here to access Options Playbook Radio 49: Long Calendar Spread into Earnings
In this episode, we are covering trading around earnings. For those of you with the hardcover book, you can find this on page 94. If you?re following along online, you can find it on OptionsPlaybook.com.
Today, Brian and Mark discuss:
- If you put on a long calendar spread, what do you want to happen to volatility after the trade is put on?
- Good places to review are episodes 36 and 37
- At look at LULU pre-earnings
- Setting up a LULU calendar spread
- What do you want to happen?
- What is a realistic profit outlook?