Spreads¶

Modeling spreads is provided with various spread types, all of which use the abstract AssetSpread as their parent.

Spreads represent a derived asset that includes both long and short positions. These positions can be long and short options, and long and short stocks. The + operator is defined for various combinations of these four financial assets.

While spreads are used to define risk, there are other factors at play that traders need to consider such as pin risk and exercise risk. The risk that is kept track of with these types does not cover all real-world risks, but merely keeps track of the perfect-world theoretical risk.