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Calendar Spread

Same strike, different expirations

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What is Calendar Spread?

Calendar Spread A strategy using options at the same strike but different expirations. Typically sell near-term, buy longer-term. Profits from time decay differential and IV expansion.

Complete definition

A strategy using options at the same strike but different expirations. Typically sell near-term, buy longer-term. Profits from time decay differential and IV expansion.

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By Ryan Silk & Lawrence Polatchek Last reviewed . Methodology is published in full.

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