Long Call
The simplest bullish bet — unlimited upside, with loss capped at the premium.
Definition
Long Call means buying a call option, which gives you the right (not the obligation) to buy the underlying at a fixed strike price until expiry. You pay a premium upfront. It is a bullish trade: you profit if the underlying rises well above the strike.
Why it matters
A long call gives leveraged upside for a small, fixed outlay. Your loss can never exceed the premium paid, while your profit potential is theoretically unlimited as the underlying climbs. The catch is time — the option loses value daily through theta decay, so the move must be large enough and fast enough to beat that erosion.
Example
You buy a NIFTY 22,500 call for a premium of 100. Your break-even is 22,600 (strike plus premium). If NIFTY expires at 22,800, the call is worth 300, so your profit is 200 per unit. If NIFTY expires at or below 22,500, the call expires worthless and you lose the 100 premium — no more (illustrative figures).
See it live
Scan live call premiums across strikes on TradePulse's option chain before you buy.