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Sc-001 Call OTM Calendar or Butterfly /Condor100% SSL Secure. We accept
This scan looks for mildly bullish ticker conditions that favor an above-the-market (call) calendar or a call butterfly/condor. Maximum payout at expiration if it settles around the sold strike(s). Maximum loss if it moves away from sold strike(s).
Example: IF ticker is at $100, buy a 2-3 week duration calendar spread on the $105 line. Position profits if it moves towards $105 but not too much over $105. Profit peaks at $105 and losses as it moves away from $105. During period of elevated implied volatility, use a condor or a butterfly instead of a calendar. Please watch video for this scan BEFORE subscribing.