Bubba buys one XYZ October 80 put and sells one XYZ October 70 put. What is his position called?
A)calendar spread
B)money spread
C)straddle
D)combination

Name: Bubba buys one XYZ October 80 put and sells one XYZ October 70 put. What is his position called? A)calendar spread B)money spread C)straddle D)combination
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Question

Quizplus · Accepted Answer

money spread. Since the strike prices are different, but not the expiration date, this is a money spread (sometimes called a "price spread" or a "vertical spread").

Bubba Buys One XYZ October 80 Put and Sells One