Both metals have taken a big hit, and IV on the April 24 puts is elevated sharply while May 1 IV is roughly equal in value and stable at 426 and 67 strikes respectively
Pretty easy money on the short duration calendar here with a hedged delta
Both metals have taken a big hit, and IV on the April 24 puts is elevated sharply while May 1 IV is roughly equal in value and stable at 426 and 67 strikes respectively
Pretty easy money on the short duration calendar here with a hedged delta