interdelivery spread(redirected from Interdelivery Spreads)
An investment strategy in which one buys an option or futures contract while selling another option or futures contract on the same underlying asset with identical characteristics except that the second contract has a later expiration date. In an interdelivery spread, one expects that the prices on the contracts will move in such a way that the investor makes a profit.
In options or futures, the purchasing of contracts expiring in one month and the selling of contracts expiring in a different month but on the same stock or commodity. For example, an investor might buy a June coffee contract and sell a September coffee contract.