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Bull Call Spread

Buy ATM Call
+ Sell OTM Call

Expectation : Moderately Bullish

Profit When : Stock Goes Up

Risk : Limited

Reward : Limited

Breakeven Pt : Call Strike + Net Debit

Max Profit : (OTM Strike - ATM Strike) - Net Debit

OppiE's Note : Bull call spread is an alternative to the Long Call with the benefit of a lower net debit. It is ideal for stocks that are not expected to rise significantly above the OTM strike. Maximum benefit is derived when position is held to expiration.

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