PEARL RIVER, N.Y. - July 30, 2020 - PRLog -- The Market Mastery Group is a leader in providing the support, training, and tools to master the financial markets. Steven Sitkowski has been teaching people how to trade in the market for over 30 years.
He recently put together a YouTube video explaining the step by step process of a bull call spread trade and the logic behind placing a trade of this strategy. In order to place a trade like this a trader needs to purchase a call options while simultaneously selling a higher strike price call option. The idea behind this strategy is it reduces the trader's outgoing capital and overall risk. The premium received for selling the call offsets the premium paid for in the one purchased. In this type of trade, the maximum risk is reduced, but so it the reward. However, it does increase the chances of earning the maximum profit. Steven Sitkowski runs through an example of how to place a trade like this on a Trading Tool software in the new YouTube video.