Sleevecap Q1 downward spread


The downward spread in the first quadrant of the sleevecap

This option controls the downward spread in the first quadrant of the sleevecap.

See understanding the sleevecap for an in-depth look into how the sleevecap is constructed and the influence of the different options on its shape.

Effect of this option on the pattern

This image shows the effect of this option by superimposing several variants that have a different value for this option