Tuesday, November 22, 2005

Ratio Spread

don't usually follow a straight line, they often go sideways. There are a number of non-directional option strategies to fit this type of market and Ratio Spread is one of them. The Ratio Spread is used when disparity in option premiums exists. This usually happens in extremely high volatility markets. A close-to-the-money option is purchased and two or more farther out-of-the- options (which can have up to twice as high option volatility levels) are sold.