Call Ratio Spread 2×3
CSR23CSR23-E1-Xlow_XhighBuy 2 lower calls, sell 3 higher calls (≡ 1×1.5 ratio).
Equivalent to a 1×1.5 ratio. Smaller naked exposure than 1×2 or 1×3.
Pick an expiry and 2 strikes to build the combo.
Buy 2 lower calls, sell 3 higher calls (≡ 1×1.5 ratio).
Equivalent to a 1×1.5 ratio. Smaller naked exposure than 1×2 or 1×3.
Pick an expiry and 2 strikes to build the combo.