A calendar spread involves buying and selling options with the same strike price but different expiration dates. Traders use it to take advantage of time decay differences.

Yes, spread orders can be used in day trading, especially in options and futures markets. They help traders reduce risk while capturing small price movements.

Use limit orders to control entry and exit prices. Ensure sufficient liquidity in the market to avoid slippage. Be aware of expiration dates for options spreads. Monitor implied volatility for…