When your feeling on a stock is generally positive, bull spreads represent a nice low risk, low reward strategy.

The easiest way to create a bull spread is using call options at or near the current market price of the stock. By selling the 30 call, you lower your exposure, but you also lower your upside potential.

If you like the idea behind the bull call spread, be sure to check out bull put spreads and bear put spreads. These can be comparable strategies depending on your objectives.

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Options Strategy: The bull call spread

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Bull Call Spread

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