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Upcoming events (1)
Mark Mosley lives here in Raleigh and trades option strategies very actively (including for friends and family). He also mentors, and is one of our clearest speakers. Previously, Mark gave a talk on trading NetZero[masked] delta butterflies that was very popular. Now, he will present his new approach to trading Calendar Spreads, that merges[masked] delta style trade management rules with a few simple adjustments, while keeping an eye also on the delta/ theta ratio. Mark has been doing this trade since April with very good results. He finds the approach better than[masked] for a number of reasons, especially the reaction to changing volatility. Mark intends this talk to be fairly comprehensive. It will be a follow-on to his previous discussion of the NetZero butterfly. Calendar Spreads have some unique properties that make them a good addition to a trader's tool-belt. A discussion of vega needs to be a part of it. He will compare and contrast the two approaches and explain why Calendar spreads have an advantage from a vega standpoint, along with some simple rules to manage the strategy. One of Mark's strengths as a speaker is in handling questions and comments exceptionally responsively. Therefore, we will reserve the whole meeting for this subject, and plan on devoting a large amount of time to such interactions. After the meeting, we will get together at a nearby restaurant/tavern. Please join us there too.