Bull Call Spread

• When? - The market is expected to go slightly high, but the chance of going in a downward direction.
• Strategy? - Buy a call option and sell a higher strike call option
• Advantages? - Losses can control in both directions
• Disadvantages? - More margin required 
• Max Profit? - Strike difference - net premium
• Max Loss? - Net premium
• Break-even point? - Lower Strike + Net Premium