Build a Double Calendar Strategy
What is a double calendar?
NeutralLimited ProfitLimited Loss
A expert strategy that is the combination of a calendar call spread and a calendar put spread.
As time passes, the profitability range will increase.
- Sell a put at strike A
- Buy a put at strike A (further expiration)
- Sell a call at strike B
- Buy a call at strike B (further expiration)