Bull Call Spread

In this strategy, an investor simultaneously purchases call options at a specific strike price and sells the same number of calls at a higher strike price. Both call options have the same expiration date. This strategy is used when the investor is bullish and expects a moderate rise in the price of the underlying asset. The investor limits their upside profit potential but reduces the net premium spent compared to buying a single call option outright. The strategy is also known as a "debit call spread" because the investor pays a net debit to establish the position.

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Options

Action Qty Expiration Date Strike Type Price Delta IV
RBLX RBLX Leg 1
Action
Qty
Expiration Date
Strike
Type
Price
Delta
IV
%
RBLX RBLX Leg 2
Action
Qty
Expiration Date
Strike
Type
Price
Delta
IV
%
       

Trade Information

Bull Call Spread

BUY +1 RBLX Dec 11, 2026 57.00 call @$1.65

SELL -1 RBLX Dec 11, 2026 66.00 call @$0.41

Stock

RBLX Current Price

$51.38 USD

RBLX Breakeven Price

Above $58.24 (+13.35%)

Trade Details

Cost of Trade

$124.00 USD

Maximum Profit

$776.00

Maximum Loss

-$124.00

CVaR

Probability Analysis

Probability of Profit (PoP)

Probability of Max Profit

Probability of Max Loss

Risk Reward Analysis

Expected Value (EV)

Expected Return (EV/risk)

Reward/Risk

Position Greeks

Delta (Δ)

Gamma (Γ)

Theta (Θ)

Vega (ν)