In derivatives trading, an options spread position having features of both a calendar spread and a vertical spread. It is established by simultaneously buying and selling equal amount of option contracts of the same type (call or put) but with different strike prices and expiration dates.
Modern English dictionary
Explore and search massive catalog of over 900,000 word meanings.
Word of the Day
Get a curated memorable word every day.
Challenge yourself
Level up your vocabulary by setting personal goals.