Vertical Spread

Different strikes, same expiration

What is Vertical Spread?

Vertical Spread A spread using two options at different strikes with the same expiration. Can be debit (pay) or credit (receive). The most basic spread structure.

Complete Definition

A spread using two options at different strikes with the same expiration. Can be debit (pay) or credit (receive). The most basic spread structure.

Related Terms

Credit Spread Debit Spread Bull Call Spread

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