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Bull Call Spread
A bull call spread typically consists of: buying a lower strike call and selling a higher strike call with the same expiration. Market view Moderately bullish.
Why it matters to you
Selling the higher strike call reduces the cost of the long call. In exchange, upside profit is capped beyond the higher strike. Maximum loss at expiration Generally the net debit paid. Maximum profit at expiration Strike width minus net debit, multiplied by the applicable contract multiplier.