F Options Strategy: Bull Call Spread

Hello everyone! Today i want to share some option strategies with you!

🎯$Ford(F)$ Options Strategy: Bull Call Spread

- Underlying: F

- View: Bullish momentum building, targeting $13.82 resistance, with near-term consolidation expected (RSI ~73.58).

- Strategy Type: Debit Spread / Directional Bullish

- Option Contract Portfolio:

- Buy 1 F May 15, 2026 $13.00 Call

- Sell 1 F May 15, 2026 $14.00 Call

- Max Gain & Loss: Max Gain = $1.00 - Net Debit; Max Loss = Net Debit.

- Initial Cost/Credit: Debit of ~$0.25 (estimated from chain data: Buy $13C @ ~$0.40, Sell $14C @ ~$0.15).

- Greek Exposure (Simulated):

- Delta: +0.30 (Moderate positive directional exposure)

- Theta: -0.005 (Small negative, time decay is a minor cost)

- Vega: +0.02 (Slight positive, benefits if IV rises from consolidation)

- Gamma: +0.05 (Moderate sensitivity to price moves near expiration)

- Rho: +0.001 (Minimal interest rate sensitivity)

- Rationale: This strategy aligns with the bullish view for a move towards $13.82, while the sold $14 call caps upside at a key resistance level, reducing initial cost. The short call also provides a small positive Theta effect to partially offset the long call's decay. It balances Delta (direction) with defined risk. Profit requires F to be above $13.25 at expiration. The May 15 expiry provides time for the anticipated consolidation and subsequent breakout.

- Time Frame: Short-Term (3.5 weeks to expiry)