An order listing the series of options that the customer wants to buy and sell and the desired spread between the premiums paid and received for the options.
Similar Matches
Alligator spread
Alligator spread The term used to describe a spread in the options market that generates such a large commission that the client is unlikely to make a profit even if the markets move as the investor anticipated.
Bid asked spread
Bid asked spread The difference between the bid and the asked prices.
Box spread
Box spread A type of option arbitrage in which both a bull spread and a bear spread are established for a near-riskless position. One spread is established using put options and the other is established using calls. The spread may both be debit spreads (call bull spread vs. put bear spread) or both credit spreads (call bear spread vs. put bull spread). Break-Even Point--the stock price (or prices) at which a particular strategy neither makes nor loses money. It generally pertains to the result at the expiration date of the options involved in the strategy. A "dynamic" break-even point is one that changes as time passes.