Thoughts on ITM calender calls

Look into my eyes...
You are getting sleepy


Feeling like a chicken yet?

 

Hey, whatcha guys talking about...calendar spreads?

 

Geez, no. I was talking about how difficult the sprint is in Denver in the fin air. :eek:

 

Probably both calendars should be for bullish/neutral outlook! Why are they bearish?

 

When you're bullish, you like OTM put calendars and ITM call calendars?

 

So you can't offer a direct answer for my simple question to clarify a basic options strategy!

Furthermore, MTE wasn't the one who had made that misleading statement in this thread!

 

WOW, you really got me with that incisive analysis

 

Seriously, do you know why calendars are also known as quarters or halves?

 

According to McMillan, "The calendar spreader can either have a neutral outlook on the stock or he can construct the spread for an aggressively bullish outlook." I am not able to find yet he mentioned a calender spread for bearish outlook.

However, personally I do have some different views against his comments above.

 

OddTrader,

Are you kidding around or are you seriously asking a question about a bearish calendar?