Put Diagonal Calendar Spread
PDIAGPDIAG-E2_E1-X(E2)_X(E1)Buy far put at strike A, sell near put at strike B.
Put-side diagonal. Combines calendar carry with a directional/volatility-smile bias.
Pick two expiries and 2 strikes to build the combo.
Buy far put at strike A, sell near put at strike B.
Put-side diagonal. Combines calendar carry with a directional/volatility-smile bias.
Pick two expiries and 2 strikes to build the combo.