Box Spread

[nghivinhton]

I was using TIA (The infinite actuary) manual
And thank you for answering

[BeanCounter]

If my memory serves, yes, (long)box spread consists of a (long)bull spread and a (long) bear spread.

What study manual are you using?

[nghivinhton]

So as far as Box spread goes, it is the same as buying a synthetic forward and selling another synthetic forward at different price.

It is the same thing as supposedly Buying a Bull Spread and also buying a Bear Spread, is that right?

On the study manual im taking, it says so. But also in the same guide, it says differently on another page (Box = buy bull and sell bear)


Im thinking that buy bull and buy bear is the correct answer, please help me verify this.

Thank you