Calendar Spread write-ups

Selling a near-dated option and buying a later-dated one at the same strike, a bet on time and on volatility, less on direction. 5 Tuesday Target write-ups use it, newest first. Closed trades show their result.

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  US Oil (USO): The Barrel Nobody Can Download

  15 September 2026 · Tuesday Target 38/52

  US Oil (USO) as Gulf chokepoints close while the AI trade stumbles: why crude volatility looks mispriced and what an options trader watches next.
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  First Solar (FSLR): Panic Priced While the Pilots Step Away

  4 August 2026 · Tuesday Target 32/52

  Why First Solar's option premium stays fat after its round trip, how the policy hand-off and yen rescue feed it, and what a tariff ruling could do.
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  S&P 500 (SPY): Renting the Nap Before the Reload

  28 July 2026 · Tuesday Target 31/52

  SPY and why the Gulf strike pause, AI debt and a coin-toss Fed leave index volatility cheap ahead of the midterm chop.
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  Korea (EWY): The Scarcity Treadmill Needs a New Part

  2 June 2026 · Tuesday Target 23/52

  Why the AI rally is a hunt for manufactured scarcity, and how a double calendar on EWY's memory-driven parabola handles a month crammed with catalysts.

  What came of it: The Trade Alert on EWY closed on 6 July 2026, after 21 days, at +27% on the capital at risk.
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  20+ Year Treasuries (TLT): Paid to Wait While the Long Bond Breaks

  19 May 2026 · Tuesday Target 21/52

  TLT after the long bond broke five percent: dictator economics and AI bubble math collide in Treasuries, and what that does to bond option premium.

  What came of it: The Trade Alert on TLT closed on 9 June 2026, after 27 days, at +15% on the capital at risk.