bullish strategy

Option Strategy: Bull Call Spread

When Option trader thinks that the underlying stock price moved up moderately in near term. It is implemented by buying an at the money call option while simultaneously writing a higher striking out of the money call option of same underlying security and the same expiration month. Maximum profit achieved when the price of underlying is greater than or equal to the strike price of the short call. Maximum loss occurs when the price of underlying is less than or equal to the strike price of the long call.
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