Futures

The correction in the Crypto markets continued this week, I am watching closely to see if the low or late April holds as a potential bottom. We should know in another couple of days. If the low is broken there could be another significant dip, however I am not convinced this will happen. I actually…

Calendar spreads are typically thought of as having positive theta, meaning they gain value over time. This is true only of calendars where the strike price of their options are near-the-money. For example, below is a typical at-the-money calendar on SPX with the short put option 22 days to expiration. And four days after that,…