Credit spread Difference in the value of two options, where the value of the one sold exceeds the value of the one purchased. A bull spread with puts and a bear spread with calls are examples of credit spreads.
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"To suggest that war can prevent war is a base play on words and a despicable form of warmongering. The objective of any who sincerely believe in peace clearly must be to exhaust every honorable recourse in the effort to save the peace. The world has had ample evidence that war begets only conditions that beget further war." -- Ralph Bunche