Spread Types In Different Form

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Imported from previous forum

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I have looked at the documentation and have not found a way to determine the spread type.

For Instance, if I want to enter a quote or quote request at the CBOT, I have to declare the spread type

  1. STD = Straddle
  2. STG = Strangle
  3. BUL = Call Vertical
  4. BLT = Call Calendar
  5. BER = Put Vertical
  6. BRT = Put Calendar

I have not seen a way to do this with the current state of the protocol. I realize I can determine this by looking at the month and strikes however I don’t think this will be applicable for the the CBOT’s implementation of LIFFE which allows you to declare spreads dynamically without any preset type. Also, I am sure this is going to happen when Eurex opens their American Options Exchange(EOX) as well.

Ratio’s and Covered’s are even a different story.