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A Call Spread is A. The simultaneous purchase of a call and sale of a pu t or The simultaneous purchase of a put and

A Call Spread is

A.

The simultaneous purchase of a call and sale of a put or

The simultaneous purchase of a put and sale of a call
B.

The simultaneous purchase of a put and sale of an OTM put
C.

The simultaneous purchase of an ATM call and sale of an OTM call
D.

The simultaneous purchase of a call and purchase of a put with the same strike, usually struck ATM

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