Double calendar question

Discussion in 'Options' started by markncsu, Dec 29, 2014.

  1. So you buy the calendar when? Monday? Previous Friday? Then you buy long OTM put or call to pull delta towards zero when the underlying moves to breakeven?
     
    #31     Jun 12, 2015
  2. how wide are the longs?
     
    #32     Jul 8, 2015