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horizontal spread
hor·i·zon·tal spread (plural hor·i·zon·tal spreads)


noun 
Definition:
 
finance simultaneous buying and selling of options: the simultaneous buying of one option and sale of another that differs only in exercise dates
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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