Long Call
Outlook: Bullish
Single leg
Buy a call. Pay premium. Profit if the underlying rises past strike + premium.
Max profit
Theoretically unlimited above the strike.
Max loss
Premium paid.
Breakeven
Strike + premium.
Legs
Long
1×
call
ATM
Structure
Long 1 call at the chosen strike.
When to use
Bullish directional view with a defined window. IV ideally below rank 50.
Example
AAPL at $185. Long 185 call 30 DTE at $6. Breakeven $191. AAPL closes at $200 → profit $9 per share.
Notes
- Defined-risk bullish bet. Theta-negative; needs the move to come within the window.
Build it in the simulator
Open this structure in the app, adjust spot, IV, and DTE, and watch the payoff and Greeks move.
Get the app