A long call vertical spread is a bullish position involving a long and short call with different strike prices in the same expiration. When setting up a call debit spread, the long call is more ...

A long put vertical spread is a bearish position involving a long and short put with different strike prices in the same expiration. When setting up a put debit spread, the long put is more expensive ...

What Are Vertical Debit Spreads? And Why Use Them? Besides answering these questions, this article will also help you understand why you should use a spread instead of a call or put. This article will ...