Review Of Calendar Call Spread 2023. Web a calendar spread is an options or futures strategy established by simultaneously entering a long and short position on the same underlying asset but with different delivery dates. Buying calls and writing calls with the same underlying security and establishing it incurs an upfront cost.

There are always exceptions to this. Buying calls and writing calls with the same underlying security and establishing it incurs an upfront cost. This type of strategy is also known as a time or horizontal spread due to the differing maturity dates.