Ratio Call Spread
Bullish strategy with unlimited upside risk.
Advanced
Market Outlook
bullish
Family
multi-leg
Capital Req
medium
Risk Profile
medium
Strategy Overview
Key characteristics and when to use
Structure
Buy 1 Call + Sell 2 Higher Strike Calls
Greek Profile
Positive delta initially, negative gamma, positive theta
Characteristics
CreditBullishAdvancedUnlimited Risk
Profit & Loss Formulas
Mathematical breakdown
Max Profit
Short strike - long strike + net credit
Max Loss
Unlimited above upper breakeven
Breakeven
Lower: Long strike + net debit; Upper: Variable