Put time spread

Put Time Spread
Components
Short one front month put option and long one far month put option. (i.e. the option you sell is to be closer to expiry than the option you are buying).

Horizontal Put Time Spread - An option strategy in which longer term at the money put options are bought and short term at the money put options are written in order to profit when the underlying stock remains stagnant.

See also: Naked, Time spread, Expiration, Position, Market