Table of Contents

CHAPTER 1 – TIME SPREADS

Section 1 – Time Spreads (a.k.a. Calendar Spreads)
Section 2 – Important Criteria
Section 3 – Time Spreads Expected Move Calculation
Section 4 – These Trades are Simple to Manage

CHAPTER 2 – AT-THE-MONEY TIME SPREADS

Section 1 – Entry Criteria: Stock Selection
Section 2 – Entry Criteria: Option Selection
Section 3 – Maintenance Criteria
Section 4 – At-The-Money Time Spreads: Example

CHAPTER 3 – OUT-OF-THE-MONEY TIME SPREADS 

Section 1 – Entry Criteria: Stock Selection
Section 2 – Entry Criteria: Option Selection 
Section 3 – Maintenance Criteria 
Section 4 – Example of OTM Time Spread

CHAPTER 4 – SHORT TIME SPREADS

Section 1 – Long Time Spread
Section 2 – Short Time Spread
Section 3 – Short Time Spreads: Entry Criteria
Section 4 – Short Time Spreads: Maintenance and Exit Criteria

CHAPTER 5 -Short Time Spreads: Maintenance and Exit Criteria 

Section 1 – What To Do in the Case of Call Early Exercise
Section 2 – What to Do in the Case of Put Early Exercise

CHAPTER 6 – OPTIONS ON INDEXES

Section 1 – European style cash-settled margin requirements (SPX, NDX)
Section 2 – Index Spreads for Credits
Section 3 – American style cash-settled margin requirements (OEX)

CHAPTER 7 – THINGS TO AVOID

Section 1 – Things to Avoid: Trading Volatility Skew
Section 2 – Things to Avoid: Rolling Over Months
Section 3 – Things to Avoid: Buying a LEAPS Time Spread
Section 4 – Things to Avoid: Excessive Reliance on Payoff Diagrams
Section 5 – Things to Avoid: Adjustments
Section 6 – Things to Avoid: High Dividend-Yielding Stocks 

CHAPTER 8 – DIAGONAL AND DOUBLE DIAGONALS

Section 1 – Diagonal Spreads
Section 2 – Double Diagonal Spreads
Section 3 – Double Diagonal Spreads Criteria

CHAPTER 9 – EXAMPLE OF TIME SPREADS 

RUT long time spread paper trade example