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Options Playbook Radio 39: Diagonal Spreads, Continued

This week’s edition of Options Playbook Radio is continuing our coverage of diagonal spreads. For those of you with the hardcover version of the book, we’re on page 96 (calls) and page 99 (puts). If you’re following along online, you can find what you need at OptionsPlaybook.com.

Today Brian covers:

• Review from last week
• Tesla example, and why a diagonal spread works for this example
• Paying attention to delta
• What to watch for and when to get out of the trade