Hello, I am reading this thread from start to finish multiple times and had a basic question below with IBM as an example.
1) With the strangle credit below (18), if the RV charts of the previous cycles are kind of flat from T-18 to T-1 like below, does it mean IBM is a good candidate for a short strangle using the straddle chart below ?
2) If the current cycle RV is less than the median or mean RV at T-18 and also if previous RV cycles were rising up to T-0 on a calendar chart, then IBM is a good candidate for a calendar instead of a short strangle.
3) If the RV of the previous cycles show a change of more than 10% on the straddle chart below instead of flat, then IBM is a good candidate for a long straddle ?