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Bear call spread profit and loss diagram showing maximum profit zone below short call strike and maximum loss zone above long call strike
Options Education9 min

What Is a Bear Call Spread?

What Is a Bear Call Spread? A bear call spread is a defined-risk options strategy that collects a credit upfront and profits when the underlying stays below a…

Bernardo RochaJanuary 3, 2025
Bull put spread profit and loss diagram showing maximum profit zone above short put strike and maximum loss zone below long put strike
Options Education8 min

What Is a Bull Put Spread?

What Is a Bull Put Spread? A bull put spread is a defined-risk options strategy that collects a credit upfront and profits when the underlying stays above a…

Bernardo RochaJanuary 2, 2025
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