(for details pls visit www.OptionPundit.net)

Have you noticed IV in BSC options recently? Attached chart from Ivolatility shows IV profile as of friday close >70%. However, as of now ATM levels are trading above 100%. There may be differences in the way IV is calculated by Ivolatility or ToS. Albeit, it offers great option premiums to play. It has [...]

After lot of paper trades, successful real trades on NKE for past 3months and considerable research I have chosen this underlying for initiating double calendars which has almost similar profile as double diagonal to diversify my income portfolio.
Here is the Income trade that I have opened for May’07:

Sell - May Put $155, May 150 Put 150
Buy - [...]

Yesterday, in my alert e-mail to OP registered users I mentioned about an AMGN calendar spread (Apr/Jan for zero cost). I was overwhelmed with the response by the OP readers. Thank you all. 
I received several enriching perspectives on why this was not possible or why this could be a loss making trade and also that no market maker [...]