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RE: TIB: Today I Bought (and Sold) - An Investors Journal #309 - US Index, US Tech Index, Fast Food, German Bank
Interesting to see volatility return to stocks and leave the cryptocurrencies. I guess traders continue to look where they can influence more and ride the trends. I like your put spreads but the implied volatility seem to be a premium which make more expensive than usual, right? Thanks for sharing as usual!
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.