bull strategy BULL SPLIT-STRIKE COMBO

Example: Buy 1 call;
sell 1 put at lower strike
Market Outlook: Bullish
Risk: Limited, but substantial
Reward: Unlimited
Increase in Volatility: Typically
helps position
Time Erosion: Typically
hurts position
BEP: Two BEPs
1. Long call strike plus premium
paid
2. If established at a credit, short
put strike minus premium
received