- Bullish outlook on security's price.
- Strategy involves options: buy one call at lower strike, sell two calls at higher strikes, buy one call at an even higher strike.
- Premiums from selling offset cost of buying.
- Maximum profit if security's price is at middle strike at expiration.
- Understand breakeven points and expiration dynamics.
- Risks involved; consult financial professional before implementation.
- Strategy involves options: buy one call at lower strike, sell two calls at higher strikes, buy one call at an even higher strike.
- Premiums from selling offset cost of buying.
- Maximum profit if security's price is at middle strike at expiration.
- Understand breakeven points and expiration dynamics.
- Risks involved; consult financial professional before implementation.