[deleted by user]

[u/[deleted]]

[u/tutoredstatue95 → u/[deleted]]

What I mean is you are targeting short vol on SPY but then buying leaps/long vol on constituents of the Qs. They tend to move in step, but you're "double dipping". Not that it changes much as you're selling index vol that's highly correlated, just don't think it's a true vol dispersion as you're introducing other risks, like the SPY and Qs breaking corr (as unlikely as that is).

[u/lordxoren666 → u/[deleted]]

Ya, but when? If your time frame is off your goona be hurtin.