OTM Call Time Spread
Opinion: Bullish to very Bullish.
Example:
Short 1 Aug 65 Call @ 1 1/2
Long 1 Oct 65 Call @ 3 1/8
Description: A Time Spread contains two options with the same strike price but different expiration months. In this example, OTM calls are used because of the investor’s bullish bias. The ITM 65 Puts could also be used.
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