Bull Call Spread Screener Results For February 29th
From Nasdaq.:
The Bull Call Spread Screener is a useful tool in a bullish market. This options strategy involves buying a call option and selling a further out-of-the-money call option on the same stock with the same expiration. The strategy aims to profit from a rising stock price while capping potential gains and losses.
Using the Bull Call Spread Screener on Barchart, we can find interesting trades like the one on Walmart (WMT). This trade involves buying a call at the $61.67 strike and selling a call at the $70 strike. The trade has a maximum loss of $106 and a maximum gain of $727, with a return potential of 685.85%.
Another example is a bull call spread on Citigroup (C), where buying the $57.50 strike call and selling the $70 strike call could lead to a cost of $161 and a maximum profit of $1,089. Both trades have defined risks and reward potentials, making them suitable for risk management strategies.
It’s important to remember that options trading can be risky, and investors should always do their own research and consider consulting a financial advisor before making any investment decisions. Options trading carries the risk of losing 100% of the investment capital, so caution and proper risk management are recommended.
Read more at Nasdaq.: Bull Call Spread Screener Results For February 29th