What's it called when you buy a put and call with different expirations?

Discussion in 'Options' started by IronFist, Jan 27, 2022.

  1. Like 50 put February and 50 call March.
     
  2. Robert Morse

    Robert Morse Sponsor

    In the end, it does not matter what you call it. I guess if I had to put a name on it I would call it a long calendar straddle.
     
  3. GotherL

    GotherL

    Strangle if it's different strike.

    I am not sure if there's a name for different expiration.
     

  4. Calendar?
     
    zghorner likes this.
  5. RGLD

    RGLD

    It's called a diagonal or calendar.

    Calendars have same strike price different maturity.
    Diagonals both are different.

    However, for both strategies, both options need to be a call or a put.

    The example you provided is nothing, if you have a call expiring this week and a put expiring next month, it's just 2 options. But if both are puts or calls, that would be calendar or diagonal if they have the same strike price or not.

    no strangles can't have different maturities. If they did, one option would just expire in or out of money, leaving you with the longer option which is just a regular direction trade until you close it.
     
    Last edited: Jan 27, 2022
  6. My strategy is this one: Disaster! I mostly trade floptions -like options but typicaly a f***** loser.
    Nah, just kidding. There used to be a long list of recognised strategies but I lost that too!
     
  7. jamesbp

    jamesbp

    This one ?
     
  8. RedSun

    RedSun

    No straight name for it.
     
  9. Thank you, I wasn't sure if there was a name for this or not.
     
  10. %%
    AKA=diversification:D:D
     
    #10     Jan 28, 2022