Mechanics
·
9 min
Bull call spread (debit)
Buy a call, sell a higher-strike call against it. Bullish, defined risk, defined reward. Pays less for the same direction.
In this lesson
- The construction
- Why spread instead of just buying the call
- Probability framing
- Management
Read the full lesson in the app
The complete lesson, with worked examples, callouts, and a quiz to test yourself, is in Iron Condor Options.
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