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Leg In

When a trader enters each part of a spread separately instead of entering the trade as one order with his or her broker.

Legging into a spread entails the completion of just one component part of a spread with the intention of completing the other component parts at more favorable prices later on.

Related Terms:

Let Out
Legging out of a spread entails the opposite whereby you exit your spread one component part ...

One side or component of a spread. ...

A spread where more options (calls or puts) are bought than sold (the opposite of a ...

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