{"id":18,"date":"2009-10-12T15:03:33","date_gmt":"2009-10-12T15:03:33","guid":{"rendered":"http:\/\/dailyma.com\/faq\/how-to-build-calendars\/"},"modified":"2010-02-09T01:45:40","modified_gmt":"2010-02-09T01:45:40","slug":"how-to-build-calendars","status":"publish","type":"post","link":"http:\/\/dailyma.com\/faq\/how-to-build-calendars\/","title":{"rendered":"How to build calendars"},"content":{"rendered":"<p><strong>Q: As I build my profit expiration tent i tend to like and use calendars. So thinking nov dec spy I saw that there is very small difference buying a 107 calendar call (sell nov buy dec)versus a 107 calendar put. Am i crazy?  or is it ok say to do 107 105 103&#8230;etc all using call spreads? or should i use calls on the right side of the tent and puts on the left side?<\/strong><\/p>\n<p>A: When building calendars it&#8217;s important to realize that the maximum profit of a calendar spread is achieved when prices reach the short option at expiration.<\/p>\n<p>So&#8230; if you are bullish then you would want to build your calendars with calls at gradually higher strikes 103, 105, 107 widening your tent to the upside potential, etc&#8230;<\/p>\n<p>If you are bearish you want to do the opposite- use put calendars at gradually lower strikes&#8230;<br \/>\n103, 101, 100 etc&#8230;<\/p>\n<p>This way you profit from the anticipated moves and it&#8217;s also why I spend a great deal of time discussing the movement of the general market and use technical analysis as much as I do in the daily reviews.<\/p>\n<p>When I first created the course we were in a different type of market where volatility was relatively low (under 25).<\/p>\n<p>Now things are different and the combination of technical analysis with income trades like calendars is the best possible system for profiting from the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Q: As I build my profit expiration tent i tend to like and use calendars. So thinking nov dec spy I saw that there is very small difference buying a 107 calendar call (sell nov buy dec)versus a 107 calendar put. Am i crazy? or is it ok say to do 107 105 103&#8230;etc all &hellip; <a href=\"http:\/\/dailyma.com\/faq\/how-to-build-calendars\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;How to build calendars&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,12],"tags":[],"class_list":["post-18","post","type-post","status-publish","format-standard","hentry","category-double-calendars","category-options"],"_links":{"self":[{"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/posts\/18","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/comments?post=18"}],"version-history":[{"count":0,"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/posts\/18\/revisions"}],"wp:attachment":[{"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/media?parent=18"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/categories?post=18"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/dailyma.com\/faq\/wp-json\/wp\/v2\/tags?post=18"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}