An investor purchased a call option and wrote a call option at an exercise price higher than that of the long call option.The strategy is known as a:

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This strategy is known as a call bull spread. It involves buying a call option (long call) with a lower strike price and selling a call option (writing a call) with a higher strike price. This setup aims to profit from a moderate increase in the price of the underlying asset.

An Investor Purchased a Call Option and Wrote a Call