What is the meaning of Leg?

Leg is a prolonged trend in stock market prices, such as a multiple-period bull market; or, an option that is one side of a spread transaction. See: Lifting a leg.

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APABarry Goldsmith. (2010). leg. Retrieved September 21, 2026, from http://smartdefine.org/leg/definitions/1157014
ChicagoBarry Goldsmith. 2010. "leg" http://smartdefine.org/leg/definitions/1157014 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, leg, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/leg/definitions/1157014>.
MLABarry Goldsmith. "leg" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/leg/definitions/1157014>
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