Bull Call Spread
...or Bull Spread (Call)
Position
Type
Strike
Expiration
Quantity
Long
Call
ATM (0)
Long term
1
Short
Call 
OTM (+1)
Long term 
1
         
         
Example:
Long 1 Oct 60 Call @ 5 1/8
Short 1 Oct 65 Call @ 3 1/8
Opinion: Bullish to very bullish
 
   
Description:
A Bull Call Spread is a type of Vertical Spread. It contains two Call options with different strikes. The lowest strike option is the long Call. The short Call’s strike is one of the strike prices above the long Call.