This Bullish Trade Can Let Investors Ride Along On Uber Stock
When constructing a bull call spread, an investor buys a call option while also selling a higher-strike call option. In the case of Uber, investors can consider a bull call spread by buying a 100 call while selling the 115 call on a Nov. 15 expiration. Traders can place this trade for a debit of around 480 an investor will experience if shares are under 115 on expiration. The maximum profit is the width of the strikes min ...