### Comment:
Call side was roughly a $300 debit, and assuming it stays where it is or goes down further hes basically got a $10 wide diagonal put spread with more extrinsic value in the long put than the short put. Even ignoring the extrinsic left in the long put the difference is $700. Unless I'm retarded which is highly likely.

### REPLY:
Yeah the predictive math is really hard without knowing what IV will be.  You could definitely be right.  I've just been burned by over shooting my diagonal in the past.

### END.