Series 3: 6.3.1.4.2. Spread Orders

Taken from our Series 3 Online Guide

6.3.1.4.2. Spread Orders

A spread order is an order to buy and sell options of the same product but with different strike prices or expiration dates or both. The customer must specify which options it wishes to buy and sell and the amount of the desired spread between the premiums paid and received. A spread can be established between d

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