What is the concept of bull spread strategy in options trading?

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What is the concept of bull spread strategy in options trading?

The concept of a bull spread strategy in options trading involves buying a call option with a lower strike price and simultaneously selling a call option with a higher strike price, both with the same expiration date. This strategy is used when the investor expects the price of the underlying asset to increase. The goal is to profit from the price difference between the two call options, as the lower strike price call option will increase in value more than the higher strike price call option.