Nevertheless, I believed that a risk-controlled bull call options spread could be profitable and that turned out to be accurate.INTC stock has gained nearly 20% in the trailing month up to October 11.

Founder and CEO Bernie Schaeffer explains put credit spreads Schaeffer's Digital Content Team Dec 16, 2021 at 3:12 PM A put credit spread, aka bull put spread, is a neutral-to-bullish options strategy ...

The spread on the $297.50 Put could prevent a net credit so the $300 was probably the better choice to get executed, though even there the net credit could be as small as $.50.