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Chris Butler

Long Call vs. Call Spread (Options Strategy Comparison)

Last updated on March 1st, 2022 , 06:11 am

Long Call
Bull Call Spread
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Buying call options and buying call spreads are both bullish options strategies with many similar characteristics.

However, both strategies have unique differences when it comes to profit/loss potential, exposure to changes in implied volatility, and probability of profit.

In the video below, you’ll learn the key differences between long calls and long call spreads as we compare the two strategies using real option contracts.

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About the Author

Chris Butler received his Bachelor’s degree in Finance from DePaul University and has nine years of experience in the financial markets. 

Chris started the projectfinance YouTube channel in 2016, which has accumulated over 25 million views from investors globally.

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