new to calendars/diagonals...charting Q

Discussion in 'Options' started by DennisR, Apr 26, 2008.

  1. DennisR

    DennisR

    Hey I've never traded calendars or diags and I have one question to ask. When analyzing the trade I'm not too sure how to interpret the chart. I use TOS and use the risk profile chart, probability at expiration. Since I am dealing with 2 different expirations are these charts an extrapolation what next months options will be worth at the time of front month expiration? How reliable of a chart is this?

    Thanks
    Dennis
     
  2. mihalich

    mihalich

    Analize tab->upper right corner -> plot lines->Expiration->+2@Expiration