lol! No, it certainly is not. Nirvana refers to the hapless search for a reasonably priced risk graph (P&L) software package which allows IV adjustments for individual legs and multiple risk graphics over time. Anyway if you know of a stock that is/was trading at $165+ on 9/1 with pre-event IV's in the 90/70 area for successive months, I'd sure like to know what it is. I want to verify that poster's numbers and try some trade modifications of my own to his idea.
oooo really?with diagonal it may happen,but with calendar .... the other thing is,that its kind of stupid to bet on a difference on falling IV,with a bullish IV strategy........at least i find it absurd,you might not...... how about playing for difference in falling IV with a bearish IV strategy? and in both months,if think that the IV will drop everywhere? to bet on a difference change in IV between two moths is a total nonsense for me.......just bet on the change,not on the change between months..... you will make money,NOT LOSE ,like in your case will happen
forget the calendar.forget the back month.just the near: for up in IV-stradlle or ratio back spread,but you run against time.its better to bet on falling IV ,just before earnings: 1.short straddle,if you dont expect a big move 2.ratio spread if you thing there might be no move,or a move in one direction only. 3.broken wing butterfly,if you dont wanna risk gamma exposure. 4.build a christmas tree its gonna cost you a lot of money,till you realize,that the calendar is not your strategy.......and it really hurts when your bet was right,but you lost money from choosing the wrong spread
not sure how different the current version is to what you used. Have you found anything better than it?
Thanks for performance possibilities of a calendar spread (horizontal). It might be helpful if you tuned into what the discussion has been about for the past 3 pages. Perhaps even look at the attachment provided by pengw on page 6 which is a calendar ratio backspread (which might be one of those perhaps diagonals). I'm sure that there are a lot of things done b/t two moths that you think are total nonsense.
I'm sure that it is greatly improved since I looked at it more than a decade ago. However, one of my informants demo-ed it last year and told me that it's not what I want
I think that there are far more competent people than me here who might have software recommendations for you. However, I sincerely doubt that Optionvue will let you down if you get your timing and selection right.
right, like I said, Im still getting through all the functions that it has. Always interested in what else is out there though.