Bull Call Spread as the name suggests, is made by combining, Bull i.e. market is bullish and Call Spread made by combining two call options, with the same expiration date, but at different strike prices. In which the “In the money” call option or “At the money” call option is bought and the “Out the money” call option is sold. Which is called the “Bull call spread” option trading strategy.
Options trading is a type of financial trading that allows traders to buy or sell the right to buy or sell an underlying asset or sell shares at a set price within a specific time frame. A Call option is used when you expect the prices to increase/rise. A Put option is used when you expect the prices to decrease/fall.