👉 Stallary is a type of financial instrument that represents a long position in a security with a negative spread. In other words, it's a short position where the buyer buys a security and sells at a loss to cover its underlying asset or to hedge against potential losses. For example, let's say you have a stock portfolio with a weighted average cost basis of $100 per share (SP500 index). If you buy 20 shares of an ETF with a spread of
