oh that diagonal...! that would definitely work 
... I have not been able to predict up or down spikes > 55% on a portfolio level so I tend to stay away from spreads that incur big debits. That "reverse" diagonal you have incurs a big debit vs. OTM put calendars which are "teenies"....
... I have not been able to predict up or down spikes > 55% on a portfolio level so I tend to stay away from spreads that incur big debits. That "reverse" diagonal you have incurs a big debit vs. OTM put calendars which are "teenies"....