Sell OTM Call Spread

A great strategy when you’re “slightly bearish” and want to make money even if you’re wrong a little bit.
Sell a call option with a strike price higher than the current price of the stock. Buy a call option with a strike price even higher than the strike you sold.
Example: XYZ at $60. Sell the $65 call, Buy the $70 call for a net price of $1.50 credit
You’ll profit $1.50 as long as XYZ is anywhere below $65 at expiration, but could lose $3.50 if it is above $70 at expiration.