BULL CALL SPREAD	LONG CALL
About Strategy	Bull Call Spread Option Strategy Bull Call Spread option trading strategy is used by a trader who is bullish in nature and expects the underlying asset to give decent returns in the near future. This strategy includes buying of an ‘In The Money’ Call Option and selling of ‘Deep Out Of the Money’ Call Option of the same underlying asset and the same expiration date. Read more..	Long Call Option Strategy This is one of the basic strategies as it involves entering into one position i.e. buying the Call Option only. Any investor who buys the Call Option will be bullish in nature and would be expecting the market to give decent returns in the near future. Risk: Read more..

BULL CALL SPREAD Vs LONG CALL - Details

	BULL CALL SPREAD	LONG CALL
Market View	Bullish	Bullish
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	2	1
Strategy Level	Beginners	Beginner Level
Reward Profile	Limited	Unlimited
Risk Profile	Limited	Limited
Breakeven Point	Strike price of purchased call + net premium paid	Strike Price + Premium

BULL CALL SPREAD Vs LONG CALL - When & How to use ?

	BULL CALL SPREAD	LONG CALL
Market View	Bullish	Bullish (Any investor who buys the Call Option will be bullish in nature and would be expecting the market to give decent returns in the near future.)
When to use?	This strategy is used when an investor is Bullish in the market but expect the underlying to gain mildly in near future.	This strategy work when an investor expect the underlying instrument move in upward direction.
Action	Buy ITM Call Option, Sell OTM Call Option	Buying Call option
Breakeven Point	Strike price of purchased call + net premium paid	Strike price + Premium

BULL CALL SPREAD Vs LONG CALL - Risk & Reward

	BULL CALL SPREAD	LONG CALL
Maximum Profit Scenario	(Strike Price of Call 1 - Strike Price of Call 2) - Net Premium Paid	Underlying Asset close above from the strike price on expiry.
Maximum Loss Scenario	Net Premium Paid	Premium Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

BULL CALL SPREAD Vs LONG CALL - Strategy Pros & Cons

	BULL CALL SPREAD	LONG CALL
Similar Strategies	Collar	Protective Put
Disadvantage	• Limited profit potential to the higher strike call sold if the underlying stock price rises. • Maximum profit only if stock rises to the higher of 2 strike prices selected.	• In this strategy, there is not protection against the underlying stock falling in value. • 100% loss if the strike price, expiration dates or underlying stocks are badly chosen.
Advantages	• Allows you to reduce risk and cost of your investment. • When placing the spread, exit strategy is pre-determined in advance. • Risk is limited to the net premium paid.	• Less investment, more profit. • Unlimited profit with limited risk. • High leverage than simply owning the stock.