The Long Call is simply the purchase of a Call Option.

This is a bullish strategy that will generate a profit at expiry in case the stock price increases and reaches a value higher than the Strike + Premium paid for the option (known as the break-even point).

The option can also be sold before maturity, and in this case the break-even point will be lower than at expiry.
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Buy / Sell Quantity Call / Put / Stock Strike Days to Expiry Volatility, % Premium Debit / Credit  

Long Call P/L Chart


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