Here’s a concise primer for spread-trading options. Specifically, we found a very low-risk way to leverage a 323.59 rally target in DIA that could be applied to similar situations. If your eyes glaze over when the discussion turns to deltas, gammas and implied volatilities, rest assured that even an English major could understand this material. There is also a tightly reasoned set-up to get long in the E-Mini S&Ps that combines a ‘mechanical’ set-up with a ‘camouflage’ perspective.
