At-The-Money Time Spread
A.K.A. Call Time Spread
Opinion: Neutral.
Example:
Short 1 Aug 60 Call @ 3 3/8
Long 1 Oct 60 Call @ 5 1/8
Description: A Time Spread contains two options with the same strike price but different expiration months. In this example, at-the-money Calls are used because of the investor’s neutral bias. The ATM 60 Puts could also be used.
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