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Lift a Leg


An action that an investor takes in the execution of a spread transaction by closing one of two simultaneously held positions. In connection with options, a spread is constructed by buying one (or more) options and simultaneously selling another option (or more). Examples of such positions include straddles and strangles.



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This section tackles the investment process, i.e., the deployment and emplyoment of funds in order to generate cash flows and returns. It covers a large ...
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