"Sell two out-of-the-money call vertical spreads" Would someone kindly give me an example of the above statement.
The stock is at 50. You sell two Dec 55 calls and buy two Dec 60 calls (i.e. you sell two Dec 55/60 call vertical spreads).
I appreciate it MTE. In the example you gave, is there an order entry that does a buy and sell simultanously instead of individual orders for options being bought and options being sold.