Mike scans the large cap names for anything red on the day and lands on Apple, where implied volatility is sitting close to its lowest reading of the year. That makes long premium unusually cheap, so he builds a call diagonal, buying the further out month and selling the expected move against it. The more useful half comes after. Before the position has moved at all, he tests what a volatility collapse would do to it, then walks through three separate adjustments he could make if Apple goes against him. Education, not a recommendation. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 How he found the trade 00:35 Why Apple's volatility stands out 01:05 Picking the long option 01:39 Selling at the expected move 02:33 What the curve shows 03:25 Putting volatility on the chart 04:10...