strike spread

Strike Spread

In options, an investment strategy involving the sale of one option and the purchase of another option identical to the first in every way except the strike price. For example, an investor may write a call giving the buyer the right to buy 1,000 barrels of oil with a strike price of $50 per barrel, and, at the same time, buy a call giving himself/herself the right to buy the same amount of oil at $40 per barrel. In the event that both options are exercised, the investor profits on the difference in the strikes. A strike spread is also called a money spread, a vertical spread, or a price spread.

strike spread

References in classic literature ?
This phase of the strike spread up and down the entire Pacific coast, until all the ports were filled with idle ships, and sea transportation was at a standstill.
Sources said the drone strike spread fear and terror among residents of the area.
The title of the film, Apres Mai, refers to the chaos of May 1968, when a student strike spread to become a general strike in which two thirds, or nearly 10 million, French workers went on strike.
Travel agents in Oman claimed that they have been receiving calls from customers after the news of the strike spread.
They shut another crossing with Israel on May 19, and the strike spread to five police stations across north Sinai on May 20.
The Supreme Court of India confirmed Kasab's death sentence on August 29 this year, almost four years to the day when Pakistani terrorists, including Kasab killed 166 people, and wounded over 300 others in violent strike spread over three days in India's financial capital.
The strike spread as the junior doctors in Balochistan and Sindh provinces also joined them by observing token strike.
Palestinian officials said as many 400 other prisoners could join the mass hunger strike spread over several Israeli prisons.
In Homs, all markets and shops on the city's main streets were closed, according to the Observatory, which also reported that the strike spread to some nearby towns while some schools were closed in the region.
Strike spread fears FEARS continued that an electricians' dispute at Stockton could spark action by other council workers.
When news of the deadly strike spread, rebels honked horns and chanted "Allahu Akbar" or "God is great" while speeding through the western city of Misrata, which Qaddafi's forces have besieged and subjected to random shelling for two months, killing hundreds.
As news of the imminent strike spread, queues began forming at petrol stations, as citizens rushed to fill up their vehicles.