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Duration: 5:16

Contributed By: OIC (Option Industry Council)

This strategy consists of buying one call option and selling another at a higher strike price to help pay the cost.

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Study Notes:

Original study notes from Options Industry Council (OIC) Education


Disclosure: Options Trading

Options involve risk and are not suitable for all investors. For more information read the “Characteristics and Risks of Standardized Options” also known as the options disclosure document (ODD). To receive a copy of the ODD call 312-542-6901 or click here. Multiple leg strategies, including spreads, will incur multiple commission charges.

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