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TermDefinition
Bull One who expects a rise in prices. The opposite of Bear. A news item is considered bullish if it expected to raise prices.
Bull Market A market in which prices are rising.
Bull Spread The simultaneous purchase and sale of two futures contracts in the same or related commodities with the intention of profiting from a rise in prices but at the same time limiting the potential loss if this expectation is wrong. In agricultural commodities, this is accomplished by buying the nearby delivery and selling the deferred.
Bull Vertical Spread A strategy used when an investor expects that the price of a commodity will go up but at the same time seeks to limit the potential loss should this judgment be in error. This strategy involves the simultaneous purchase and sale of options of the same class and expiration date but with different strike prices. For example, if call options are spread, the purchased option must have a lower exercise or strike price than the sold option.
 

 
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