Delta Exchange India on Instagram: "An Options Calendar Spread is a low-risk, time-decay–based strategy used when you expect the market to stay range-bound. In this strategy, you sell a near-expiry option and buy a far-expiry option at the same strike price. The main advantage comes from theta decay — the near-expiry option loses value faster, helping you generate potential profits while controlling risk. This strategy works best in low to moderate volatility and is commonly used by professional