Bullish
Long Call
Pay a premium for unlimited upside.
Buying a call gives you the right to buy the underlying at the strike. Your loss is capped at the premium paid, while your profit grows without limit as the price climbs. It's the classic bullish bet with built-in downside protection.
Construction
Buy 1 call.
Max profit
Unlimited
Max loss
Premium paid
Breakeven
Strike + premium
Play with the payoff
Bullish
At expiryToday (30d, 30% IV)
Max profit
Unlimited
Max loss
−$5.00
Breakeven
$105.00
Best when
- You're confident the price will rise meaningfully
- You want defined, limited risk
- You expect a move bigger than the premium cost