What is a Calendar Spread strategy? Can I create it using Strategy Bot?
Yes, you can create a Calendar Spread strategy using Strategy Bot.
A Calendar Spread involves two option contracts of the same strike and type, but with different expiry dates—typically one from the current expiry and one from the next expiry.
Example:
If you add a NIFTY option expiring on 14th Aug along with the same strike option expiring on 21st Aug, the combination forms a Calendar Spread strategy.
? Calendar Spreads are commonly used to benefit from time decay differences between expiries.
Still have questions?
Introducing Underlying-Based Entry & Exit on Strategy Bot
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When should I use Leg Adjustment?
