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Bull Spreads
If you are positive about a particular stock, bull spreads are a great low risk, low reward options strategy.
The simplest way to create a bull spread is by using call options with strike prices at or near the current trading price of the stock. See Bull Call Spread.
Bull spreads can also be constructed using put options. See Bull Put Spread.
Credit or Debit
Bull spreads can be entered on a credit or debit. When entered on a credit, it is a bull credit spread. When entered on a debit, it is a bull debit spread.