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[RT] Zero Premium Vertical Diagonal Puts



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At one time there was a poster on these lists who was banned for his 
lengthy controversial ridiculing of others. His claim to fame was 
Zero Premium Vertical Diagonal Puts as I later found out. Plus he was 
always "calmly" making money while all of us were stressed out and 
with closed minds.

He claimed that if the difference were only 2 to 3% the risk of loss 
is low and the probability of gain is high. He also espoused adding 
spreads as the prices changed.This explanation and my investigation 
is by no means comprehensive...

I followed it for 2 months and was not impressed which may not have 
been long enough. Any one else have any experience with these and 
what has your impression been.

They can also be termed zero premium calendar put spreads as I saw 
from the literature. I believe the above unnamed person created his 
own name for this method.

Any ideas,

John

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