Calendar spreads OPTION opportunities

Thinking of buying 11300 calendar january spread , sell january buy february around 10250 .

dax german 30

Prices now feb 379.5 , January 288.3 , hoping January expires here at resistance or within 300.Risk 110 potential reward 100.Trade opened bought feb sold jan

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Trading Education Buyer said:
I tend to sell same month at higher strike. , nothing wrong if you bought orignal below support and sold above support.
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But that is vertical not calendar?

A couple of comments:

First of all, I appreciate you posting your trading strategies here. Others tended to be secretive about their methodologies so your posts were helpful to me. That said, some of your posts made sense others didn't but that is OK with me.

Second, it seemed to me a lot of what you posted could only be successful if you knew the underlying well, i.e., the support/resistance levels, the trends.... But if I know the underlying well enough that I can predict support/resistance, trends..., I can make money with any strategy as long as it is consistent with the directional?

What I am struggling with is to be profitable without having to worry about the direction of the underlying. I am studying how to trade volatility but then you still have to know the direction of volatility? Perhaps the only thing left is to take advantage of the so called volatility risk premium and keep selling volatility? I am skeptical but lots of folks thought the premium was real so selling could be profitable.

Regards,
 
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