The reading on currency management briefly mentions seagull spreads, and suggests that there are two types: long seagull spreads and short seagull spreads. Apart from the fact that there are actually four types of seagull spreads (I’ll get to them in a moment), the biggest problem is that they never show a payoff diagram for […]
This article is for members only. You can become a member now by purchasing a
CFA® Level III Membership, CFA® Level III Derivatives Membership
This will give you access to this and all other articles at that membership level.