In Session 7 we expanded the ideas of the Calendar Trade into Volatility Event Trades.
Events and Volatility Trades
- Understand how IV can be traded as an asset by itself
- Explore how calendar trades can be used to take advantage of the ‘high IV’ around earnings announcements to potentially make profits.
It was a great Full Throttle session on calendar trades last night. The replay is ready for viewing.
In Session 5 we explored Iron Condors and had a chance to play with the Iron Condor Analysis spreadsheet. On Thursday we will be continuing on with our Calendars discussion in Session 6.
The replay from Session 5 is available.
Iron Condors are excellent trades for generating income. These positions have a very interesting balance of high return and controllable risks. They can be especially useful in sideways trends.
I am looking forward to seeing everyone in the Full Throttle Session tonight,
In Session 4 we dove into our first session on tactics and learned about Vertical Spreads. It was a great class and I appreciate all the participation from the FT members. On Tuesday we will be continuing on with our Iron Condors discussion in Session 5.
The replay from Session 4 is available.