Horizontal Spread
An options strategy involving the simultaneous purchase and sale of two options of the same type, having the same strike price, but different expiration dates.

Investopedia Says:
An example of this would be the purchase of a Dec 20 call and the sale of a June 20 call. This strategy is used to profit from a change in the price difference as the securities move closer to maturity.

Also referred to as "calendar spread" or "time spread".

Related Terms:
Calendar Spread
Call
Exercise
Expiration Date
Market Value
Maturity
Option
Put
Strike Price
Vertical Spread

• Procyclic
• Producer Price Index (PPI)
• Producer Price Index (PPI)
• Producer Surplus
• Product Differentiation
• Production Efficiency
• Production Possibility Frontier (PPF)
• Production Possibility Frontier (PPF)
• Productivity
• Product Recall
• Profit
• Profitability Index
• Profitability Ratios
• Profit and Loss Statement (P&L)
• Profit and Loss Statement (P&L)
• Profit Before Tax (PBT)
• Profit Before Tax (PBT)
• Profit Center
• Profit Margin
• Profit Range
• Profit-Sharing Plan
• Profit Taking
• Profit Warning
• Pro Forma
• Pro-Forma Earnings