We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.
© 2016 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Diagonal Spread

Definition:

When the strikes (vertical) and the expiration dates (horizontal) are different, the spread is diagonal (both directions at once!). In other words, the dates and the prices on the spread are different.