Constructed with either puts or calls, the strategy consists of buying a certain amount of options and then selling a larger quantity of more out-of-the-money options.

An option strategy in which a long position in a certain number of options is offset by a short position in a certain number of other options on the same underlying, resulting in a risk-free position.Related Terms: Option 

A term most commonly used to describe the purchase of an option(s), call or put, and the writing of a greater number of the same type of options that are out-of-the-money with respect to those purchas [..]

Definition An options strategy using either puts or calls, in which one buys some options and then sells a different amount of options.

This strategy, which applies to both puts and calls, involves buying or selling options at one strike price in greater number than those bought or sold at another strike price.

This strategy, which applies to both puts and calls, involves buying or selling options at one strike price in greater number than those bought or sold at another strike price.

The ratio spread is a strategy in options trading. It involves buying some number of options and selling a larger number of other options of the same underlying market and the same expiration date, bu [..]

Any spread where the number of long market contracts (long underlying, long Call, or short Put) and short market contracts (short underlying, short Call, or long Put) are unequal.

a spread in which more options are sold than purchased

Constructed with either puts or calls, the strategy consists of buying a certain amount of options and then selling a larger quantity of more out-of-the-money options.