tasty trade calendar criteria
(2015-06-13 16:24:04)
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IVR: low: < 25%
IV: similar in front month and back month, since it is selling front month, if possible, the higher in front month, the better
Strike: the short option should be close to the ATM or slightly OTM, so that the theta is maximized
Call or Put: uses Put is slight OTM, uses Call is slight ITM