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Options Trading for Macro Investors | Imran Lakha

Forward Guidance

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How to Monetize a Put Spread

When you have a put spread, it's hard to monetize because you're short skew. The logic isn't that the volatility on that downside strike is definitely going to spike higher. "The option that you're short isn't worth nothing, right? It's got a ton of time value on it," he says.

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