Options Bootcamp 26: Calendar Spreads

Basic Training: Calendar Spreads

This builds on the knowledge from episode 13 "Basic Spreads" and episode 14 "Advanced Spreads" from December.

• What is a calendar spread?
• Why would you want to use a calendar?
• Calendars are much more complex that basic textbooks tell you.
• The delicate balance between gamma and volatility in a calendar trade.
• Can't use P&L diagrams
• How do you manage a calendar?