A long call spread -- also known as a "bull call spread" -- is a modified version of the long call strategy. The ultimate goal is still for the underlying security to rise, but the long call ...

If by the second week of September, ABC’s stock has risen to $70, the value of your call option has increased to $10.20, which means your option is now worth $1,020 (100 shares at $10.20 each ...

If you buy one call contract, you are essentially long 100 shares of that stock. As such, purchased call options are a bullish strategy. To understand how buying call options might play out ...