### Comment:
V E R T I C A L  S P R E A D 
     E 
     R 
     T 
     I 
     C 
     A 
     L 
      
     S 
     P 
     R 
     E 
     A 
     D 
  
 Literally the most basic of options trading.

### REPLY:
But your vertical spread is spelt horizontally....  
  
  
 I don’t get it

### END.