RIMM Double Reverse Calendars

Discussion in 'Options' started by bebpasco, Jun 17, 2009.

  1. Normally that would be the play to make. I took the trade on a bet as some people I know were short the calendar from 2.30.

    The safest play was the deep otm short calendar that was traded by bebpasco.

    The calendar should earn within the range encompassed by the straddle, provided that the term-structure of volatility is ~flat.
     
    #41     Jun 27, 2009