Why Calendar Spreads Are NOT Long Volatility Trades

The long calendar spread is taught as a positive theta, positive vega trade. The spread’s positive vega exposure means it should profit from an increase in implied volatility. There’s just…

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How Long Calendar Spreads Work (w/ Examples) | Options Trading Explained

Long calendar spreads (a.k.a. ‘time spreads’ or ‘horizontal spreads’) can be very confusing to understand at first. In this video, you’ll learn exactly how long calendar spreads profit by seeing…

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