The diagonal option spread offers a great compromise between the vertical spread and the horizontal spread. It incorporates the best features of each while avoiding some of the drawbacks of each. Let’s briefly review the vertical and horizontal spreads including the shortcomings of each. For the discussion here, we will consider only debit spreads. VERTICAL… [Read More]
About Edward Olmstead
Chief Options Strategist Dr. W. Edward Olmstead, is the author of Options for the Beginner and Beyond: Unlock the Opportunities and Minimize the Risks, the #1 best seller among all options investing books on Amazon.
From 2003 – 2007 he served as the original editor of The Options Professor, a popular newsletter on options trading and has consulted on short-term trading strategies with member companies of the Chicago Mercantile Exchange.
Dr. Olmstead is Professor of Applied Mathematics in the McCormick School of Engineering and Applied Sciences at Northwestern University. He has taught courses that cover both the theory for options pricing and practical strategies for trading options. Dr. Olmstead has received several awards including an endowed chair for teaching excellence and has been praised by his colleagues as “the quintessential teacher in our midst.”