You are viewing a single comment's thread from:
RE: TIB: Today I Bought (and Sold) - An Investors Journal #309 - US Index, US Tech Index, Fast Food, German Bank
Implied volatility applies to both the bought and sold legs. There is more delta in the leg that is further out-the-money. So at trade set up that works in your favour. It does not work in your favour when you want to exit early before price reches the sold leg strike price.