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
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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
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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.
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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.