====== How do I create a covered spread? ====== To create a covered spread first off the sheet of the product you are looking to create this spread need to have a series created for all months involved. To see how to create a series Click here Once a series is configured you can click on the theoretical prices of the spread you want Image After clicking the theoretical price you it will be sent to the strategy solver. It will display what exchange calls it and a more common term in parenthesis Image Now once you have your spread in the solver you click on the theoretical delta located in the upper left and you will be prompted to create a covered strategy. Click yes and it will create it. Image **Important tip** if after clicking yes if your theoretical price in exchange format is not green you need to rfq it to get that spread created.