What is Ghetto Spread?
What is a "ghetto spread"? A ghetto spread is exactly like a debit spread, except you don't buy/sell both legs at the same time. First, you buy a long call, then wait for the premium on your short call to be higher than the premium of your long call, and sell it.
Ghetto Spread - what is it?
I'm in the ghetto ratatata.
What does "Ghetto Spread" mean?
Denise's party was impressive, she really layed out the ghetto spread!
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