diagonal spread

diagonal spread definition - finance
The price spread between two call options or two put options with different strike prices and different expiration dates. See also spread, diagonal bear spread, and diagonal bull spread.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.