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Back spread
A delta-neutral ratio spread in which more options are bought than sold. A back spread will be profitable if volatility increases. See Delta.
Bulldogs keep options open.(Sports)(North Bend has spread its carries among three running backs and has a receiving threat as well): An article from: The Register-Guard (Eugene, OR)
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Indigenous revolt spreads: Colombian activists take back the farm. : An article from: New Internationalist
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Delta
Profitability
Volatility
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