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Options Spread Calculator (Bull Call Spread)

Investing & Markets

Calculate the net cost, maximum profit, maximum loss, and breakeven price of a bull call spread options strategy.

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USD
$0.01$1,000,000.00
USD
$0.00$1,000,000.00
USD
$0.01$1,000,000.00
USD
$0.00$1,000,000.00
1100,000

Maximum Profit

$3,210.00

The most this spread can earn, reached once the underlying rises to or above the higher strike.

USD

Net Debit (Total Cost)

$290.00

Maximum Loss

$290.00

Breakeven Price

$125.58

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Odeh Ahwal

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Odeh Ahwal
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Frequently Asked Questions

What is a bull call spread?

A bull call spread is a strategy where you buy a call at a lower strike price and sell a call at a higher strike price, both with the same expiration. It reduces the upfront cost compared to buying the call alone, in exchange for a capped maximum profit.

What is the maximum loss on a bull call spread?

The maximum loss is limited to the net debit you paid to enter the spread, which occurs if the underlying price stays at or below the lower strike at expiration.

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