Option traders, any one of my option mentoring students can tell you that I am not usually a fan of double calendars. However, under specific circumstances they can make some sense.
Sometimes, in all my analysis of implied volatility, my option mentoring students get a little lost as to what the net result of all of this volatility talk is: price.
During a mentoring session today, an options mentoring student of mine mentioned that IV was definitely in today.
Option traders, on a day where we see a huge VIX spike:
On Tuesday the eighth of February, I wrote this nationally published piece on Apple Volatility for TheStreet
I was recently having a discussion with a group of option mentoring students on Calendars. The calendar that we were trading was making money, but it was strange.