Recently I was asked my opinion on a June debit call spread in Apple 125/130 (buying 125call and selling 130 call). This would make me bullish Apple. My answer was: Sure we can since the June open interest suggested 130+ price a likelihood. So buying the debit call spread was likely to yield profits. I further suggested adding a step that would make it virtually free to have gone long Apple.

4 minute video explains how.

Nic

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