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what is 150 call spread????
This is a discussion on what is 150 call spread???? within the Options forums, part of the Financial Markets category; Hi Guys, Any ideas on what does this mean? "long 150 call spread, constructed of calls 3% below the market ...
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Jan 8, 2009, 2:25am
| #1 |
| Newbie Join Date: Mar 2008 Posts: 2
| what is 150 call spread????
Hi Guys, Any ideas on what does this mean? "long 150 call spread, constructed of calls 3% below the market and calls 3% above the market." is this a vertical spread or horizontal? Thanks |
 
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Jan 8, 2009, 3:43am
| #2 |
| Legendary Member Join Date: Feb 2008 Posts: 1,380
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vert. 150 call spread means nothing however. you would quote a call spread by listing the two strikes. lower, then higher. so for example dow, around the money call spread : march 09 8750/890 call spread. |
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