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Re:Carl Icahn is Betting on a Stock Market Crash by scurvy on Wednesday May 11, 2016 @09:36AM (#11675097)
Gotta make another trade to neutralize that theta component like a calendar spread. For situations where you're making a bet on a really really big move, ratio spreads are the best.
Re:Carl Icahn is Betting on a Stock Market Crash by lujim on Wednesday May 11, 2016 @09:44AM (#11675158)
Never used calendar or ratio spreads. I just avoid options in their final month when theta starts really ripping. I will check them out though.