While markets are having a fit, we can spend time learning new things.
This video is to demonstrate what a diagonal means in options. Options have "spreads" of many types. Vertical, calendar and diagonal are three.
Recently I shared a lesson on a ROKU call diagonal which turned out to be a good earnings trade.
Today I am sharing an example on DASH (reports tonight). This is NOT a trade setup (I am not taking it).
But it can serve as a great lesson using puts on what is a calendar spread.
Watch it HERE