ATA – Open SPG Bear Call Spread APR21 175/180

SPG invests in and manages Malls and other properties. These businesses have ever increasing challenges as buying habits move away from big box stores.

This has SPG in a solid downtrend and even in these low IV conditions, it has a moderate amount of IV. This gives us the rare opportunity to do a solid Bear Call Spread.

ATA – Open DE Call Diagonal MAR31/APR7

ATA – Open DE Call Diagonal MAR31/APR7

I believe that DE will continue in a bullish trend, but due to broad market risks, we have a chance that a market drop could quickly pull it down. If DE drops, its IV should jump from its current low position. The situation is a good opportunity to use a calendar based trade.