Finostat
TERMINALALL STRATEGIES

Calendar spread

Sell the near expiry, buy the far one at the same strike. A trade on the term structure rather than on direction.

BIASNeutral
VOL VIEWTerm steep
RISKDefined
STRUCTURETIME
CALNPAYOFF AT EXPIRY
LEGSLIVE CHAIN
ACTIONQTYTYPESTRIKELAST

The near option decays faster than the far one, so time passing with the index pinned is the profit engine. Pricing it needs the far expiry's chain, which this sheet does not carry yet -- the live numbers below cover the near leg only.

Watch it live on the terminal → See plans

Other structures