actually, most people say buy options farther out the curve because they are cheaper than buying next month, and then the next, and then the next, and the next. theta doesn't really start to kick in heavily until the last 30 days, anyways.
would the double calender not be a much better way to play a range-based trade right now than an IC? a DC will stretch out the break-evens a little farther and can actually benefit from a spike in volatility. i'd imagine, that with VIX under 15 at the moment, an IC could be a dangerous thing to...
personally, i have not tested this out to see if you can or cannot.
i see that it appears in my account immediately once the premium is sold, however. but perhaps you are right in that it is withheld from the broker until expiration or until the position is closed.
I was curious if any of you have any good ideas on the best way to use the extra cash in your account after selling premium?
Do you just leave it in the sweep account or do you park it in something else until you need it? Do you use this to neutralize the deltas in your short position as much...