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Bull Call Spread (Debit)
directional Capped lossAdvanced: a defined-risk bullish bet for less than buying the stock.
When to use it
Buy a call, sell a higher call. Profits if the stock rises to the short strike; cost and max loss are the net debit. Best in a confirmed uptrend.
Max profit
Strike width minus the debit paid.
Max loss
The net debit paid.
Payoff at expiry
illustrative shape — not to scale
■ profit zone
■ loss zone
X axis = stock price at expiry →
How it's built
Strikes shown low→high. Sell = collect premium · Buy = pay premium for protection or upside.
Hermes-evaluated setups
High-conviction per-ticker applications — setups with a confidence-adjusted win rate ≥ 80% over ≥20 backtested trades (95% lower bound — honest for the sample size, never a raw 100%). Avg P/L is the mean profit/loss per one-contract position.
| Ticker | Win Rate | Avg P/L / contract | Sharpe | Trades | DTE |
|---|---|---|---|---|---|
| BMNR | 89% | +$1,852.00 | 27.0 | 31 | 7 |
| ETHA | 93% | +$1,285.00 | 90.5 | 52 | 8 |
| RBRK | 90% | +$1,129.00 | 32.7 | 35 | 14 |
| RDDT | 95% | +$938.00 | 17.8 | 69 | 7 |
| IREN | 93% | +$790.00 | 17.4 | 52 | 21 |
| EFA | 94% | +$745.00 | 26.1 | 57 | 21 |
| D | 94% | +$744.00 | 34.7 | 57 | 21 |
| GDX | 94% | +$725.00 | 19.3 | 57 | 21 |
| GLW | 91% | +$719.00 | 10.5 | 57 | 21 |
| BNY | 94% | +$706.00 | 20.8 | 57 | 21 |
| HOOD | 93% | +$705.00 | 12.1 | 55 | 21 |
| INTC | 94% | +$700.00 | 21.7 | 57 | 21 |
| XLC | 94% | +$697.00 | 30.3 | 57 | 21 |
| BSX | 94% | +$696.00 | 18.5 | 57 | 21 |
| WFC | 94% | +$677.00 | 20.7 | 57 | 21 |
| TLT | 94% | +$677.00 | 22.3 | 57 | 21 |
| UNG | 94% | +$673.00 | 12.4 | 57 | 21 |
| WMT | 91% | +$670.00 | 16.3 | 41 | 30 |
| WLDN | 94% | +$670.00 | 15.2 | 57 | 21 |
| FCX | 94% | +$668.00 | 25.0 | 57 | 21 |
| NTNX | 94% | +$655.00 | 18.3 | 57 | 21 |
| CL | 91% | +$654.00 | 22.3 | 41 | 30 |
| P | 94% | +$648.00 | 14.4 | 57 | 21 |
| NEM | 94% | +$646.00 | 17.8 | 57 | 21 |
| ALK | 94% | +$642.00 | 20.4 | 57 | 21 |
| DUK | 94% | +$641.00 | 25.8 | 57 | 21 |
| AEP | 94% | +$639.00 | 23.6 | 57 | 21 |
| NEE | 94% | +$635.00 | 23.0 | 57 | 21 |
| MDT | 94% | +$626.00 | 23.3 | 57 | 21 |
| C | 91% | +$624.00 | 18.6 | 41 | 30 |
| CCJ | 91% | +$618.00 | 9.2 | 57 | 21 |
| TJX | 94% | +$615.00 | 19.3 | 57 | 21 |
| XLV | 94% | +$611.00 | 19.5 | 57 | 21 |
| XLI | 94% | +$609.00 | 19.9 | 57 | 21 |
| POWL | 84% | +$602.00 | 5.7 | 41 | 30 |
| DXPE | 91% | +$601.00 | 13.1 | 41 | 30 |
| MRK | 94% | +$599.00 | 18.2 | 57 | 21 |
| CLS | 83% | +$598.00 | 5.0 | 57 | 21 |
| XLY | 94% | +$597.00 | 19.6 | 57 | 21 |
| UBER | 94% | +$596.00 | 16.5 | 57 | 21 |
| NFLX | 91% | +$596.00 | 16.7 | 41 | 30 |
| GILD | 91% | +$595.00 | 15.0 | 41 | 30 |
| CRDO | 86% | +$594.00 | 7.3 | 36 | 30 |
| VST | 87% | +$594.00 | 6.7 | 41 | 30 |
| SOXL | 91% | +$581.00 | 9.7 | 57 | 21 |
| WDC | 86% | +$574.00 | 6.5 | 57 | 21 |
| SCHW | 91% | +$570.00 | 18.4 | 41 | 30 |
| XLK | 91% | +$568.00 | 9.5 | 57 | 21 |
| ARKK | 94% | +$567.00 | 16.8 | 57 | 21 |
| USO | 94% | +$564.00 | 18.0 | 57 | 21 |
Backtested results are not a guarantee of future performance.