It's called "The Double Fist". Also, are you "IronFist" in disguise? https://www.elitetrader.com/et/members/ironfist.43520/ ---> you???
I think I found something... Calendar Spread By James Chen Reviewed by Gordon Scott Updated Feb 13, 2021 What Is a Calendar Spread? A calendar spread is an options or futures strategy established by simultaneously entering a long and short position on the same underlying asset but with different delivery dates. In a typical calendar spread, one would buy a longer-term contract and go short a nearer-term option with the same strike price. If two different strike prices are used for each month, it is known as a diagonal spread. Calendar spreads are sometimes referred to as inter-delivery, intra-market, time spread, or horizontal spreads. Key Takeaways A calendar spread is a derivatives strategy that involves buying a longer-dated contract to sell a shorter-dated contract. Calendar spreads allow traders to construct a trade that minimizes the effects of time. A calendar spread is most profitable when the underlying asset does not make any significant moves in either direction until after the near-month option expires.
I have done Exxon (XOM) covered calls at different dates/same price. I have also done silver (SLV) for different prices to expire on the same date... Not that strange...
I know, but so far in the future, seems like a lot could happen, why would you be stuck with the stock for that long?