Definitions for "Bear Spread"
Keywords:  bull, xyz, nearby, decline, underlying
Any spread in an options market in which the value of the spread will be increased by a decline in the price of the underlying asset.
One of a variety of strategies involving two or more options (or options combined with a position in the underlying stock) that can potentially profit from a fall in the price of the underlying stock.
The simultaneous writing of one call option with a lower strike price and the purchase of another call option with a higher strike price. Example: writing 1 XYZ May 60 call, and buying 1 XYZ May 65 call.