Question: Which of the following is correct? Explain your answer based on the correct choice. A calendar spread can be created by buying a call and

Which of the following is correct? Explain your answer based on the correct choice.

A calendar spread can be created by buying a call and selling a put when the strike prices are the same and the times to maturity are different

A calendar spread can be created by buying a put and selling a call when the strike prices are the same and the times to maturity are different

A calendar spread can be created by buying a call and selling a call when the strike prices are different and the times to maturity are different

A calendar spread can be created by buying a call and selling a call when the strike prices are the same and the times to maturity are different

(please explain)

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