What are Spread Calls?

Dear All,

I have heard many time Spread Calls but i am unaware about it. Pls help to understand the follownig

  1. What are Spread Calls?

  2. Are Spread Calls are intraday or Positional?

  3. Can i use Spread Calls on Equity, Stock and Index FnO, Commodities and Currencies?

Spread in simple term means difference. Spread may involve different strikes or same strike of different months or both and may come in many variations.

  1. If any option spread strategies are employed by using calls then they are called as call spreads.

  2. It can be anything.

  3. One can use for any asset class.

For more on options and spreads