when to exit a bull call spread 
a trader can sell the spread to another trader for more than the net premium for a profit if options prices cooperate otherwise time decay can devalue a spread so some traders close their spreads about 30 days before expiration the bottom linea bull call spread is an options trading strategy used when a trader expects a moderate rise in the price of an underlying asset it involves buying a call option at a specific strike or exercise price and selling another call option on the same asset at a higher strike price both with the same expiration date the goal is to profit from a moderate price increase with the maximum profit achieved when the asset s price is at or above the higher strike price at expiration this strategy also caps potential losses to the net premium paid when using a bull call spread traders should consider factors such as the risk of early assignment the impact of dividends transaction costs market conditions the choice of expiration date and the selection of strike prices the effects of changes in the underlying asset s price volatility and time decay also play a crucial role in the strategy s outcome 