Out of The Money (OTM) Long Call Calendar Trading Setup (Strategy)
Below you'll find full details on the bullish OTM Long Call Calendar setup/strategy. At OptionAutomator we use the terminology "Options Setup" vs. "Option Strategy" as you may see elsewhere.
Why the change in terminology? We believe that an options strategy is more than just selecting combinations of puts and calls.
This is a great setup for traders who are bullish on a particular and looking to have time decay and potential implied volatility expansion work on their side.
Setup Detail :