$Tesla (TSLA.US)$ $Nasdaq Composite Index (.IXIC.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$
As the name suggests, this combination of options has price differences. It consists of a long and short option of the same kind (both calls or puts) of the same size.
If covered call is the most frequently used options combination, then spread combination is the most diverse in form.
Common forms of spread include:
It would take considerable time to explain all these strategies. To start with, you can memorize, and later understand the mnemonic phrase: buy high sell low is bearish spread, buy low sell high is bullish spread, income is debit spread, expense is credit spread.
Today, we'll pick two strategies that are suitable for operations during earnings season.

March 30 U.S. stocks ended the day on an upward trend,   $S&P 500 Index (.SPX.US)$  is two consecutive trading days to set a new high in the last three weeks.
Investors generally believe: the worst of the banking crisis may be over, the market will continue to show optimism.
The $NASDAQ 100 Index (.NDX.US)$ index has risen 20% from its low in December last year, entering a technical bull market. The index includes the 100 largest non-financia...