Double Diagonal – Neutral Strategy The Double Diagonal is a neutral stock options strategy. The Double Diagonal strategy is similar to an Iron Condor and can be considered a combination of a Calendar Call spread and a Calendar Put spread. The Calendar Put spread portion of the Double Diagonal is entered by selling an out-of-the-money put option and purchasing a further out-of-the-money put option having an option expiration further out in time.
Month: February 2010
What’s Up With Transocean’s Stock Options?
Transocean Option Volume Transocean’s (RIG) stock option volume was off-the-chart yesterday. Transocean is in the offshore oil and gas service business. Transocean operates deepwater rigs for drilling oil and gas wells.
United Bankshares Short Squeeze & Misc.
GDP… The U.S. GDP (Gross Domestic Product) was announced as 5.7% for the fourth quarter of 2009 and the stock market immediately celebrated the good news by jumping up and then back down.