Most traders learn the bull call spread as “a cheaper call with capped upside”. That description is correct, and almost useless. It makes the cap sound like an unfortunate concession rather than the reason the trade can be better designed.
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Contact usMost traders learn the bull call spread as “a cheaper call with capped upside”. That description is correct, and almost useless. It makes the cap sound like an unfortunate concession rather than the reason the trade can be better designed.