Options Bootcamp 29: Diagonals

Basic Training: Trading Diagonals What is a diagonal? Why would you put it on? What adjustments need to be made? How is it performed? How does it differ from a typical horizontal calendar spread? Why would you use a calendar vs. a horizontal spread? How do the greeks differ? How do you choose the strikes? Mail Call: Fall in, recruits! Question from Richard D: I think a whole boot camp show on skew could be very helpful! Thanks! Question from Hawkeye6: Love the pair of calendar spread shows. Can you make it a hat trick and have a show on double diagonals and double calendars? I am especially interested in hearing about selection criteria -- what makes a good candidate, criteria for strike selection, when to pick DD/DC vs. Condor/Iron Condor, etc.