QCRH Bull Call Spread Strategy
QCRH (QCR Holdings, Inc.), in the Financial Services sector, (Banks - Regional industry), listed on NASDAQ.
QCR Holdings, Inc., operating as a multi-bank holding company, delivers a wide array of financial services. These offerings include commercial and consumer banking, alongside specialized trust and asset management. The company provides various deposit products, such as demand accounts that are both interest and non-interest bearing, time deposits, and brokered deposits. Beyond its deposit services, QCR Holdings extends diverse commercial and retail lending, leasing, and investment opportunities. Its clientele is extensive, comprising corporations, partnerships, individual consumers, and government agencies. A significant portion of its loan portfolio is dedicated to small and mid-sized businesses, offering credit lines for operational and working capital purposes, term loans for purchasing facilities and equipment, and financing for commercial and residential real estate.
QCRH (QCR Holdings, Inc.) trades in the Financial Services sector, specifically Banks - Regional, with a market capitalization of approximately $1.62B, a trailing P/E of 12.14, a beta of 0.76 versus the broader market, a 52-week range of 66.16-98.76, average daily share volume of 111K, a public-listing history dating back to 1993, approximately 972 full-time employees. These structural characteristics shape how QCRH stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.76 places QCRH roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline. QCRH pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.
What is a bull call spread on QCRH?
A bull call spread buys an at-the-money call and sells an out-of-the-money call at a higher strike for defined risk and defined reward bounded by the strike width.
Current QCRH snapshot
As of June 29, 2026, spot at $96.70, ATM IV 33.60%, IV rank 2.88%, expected move 9.63%. The bull call spread on QCRH below is built from the same end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 18-day expiry.
Why this bull call spread structure on QCRH specifically: QCRH IV at 33.60% is on the cheap side of its 1-year range, which favors premium-buying structures like a QCRH bull call spread, with a market-implied 1-standard-deviation move of approximately 9.63% (roughly $9.31 on the underlying). The 18-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated QCRH expiries trade a higher absolute premium for lower per-day decay. Position sizing on QCRH should anchor to the underlying notional of $96.70 per share and to the trader's directional view on QCRH stock.
QCRH bull call spread setup
The QCRH bull call spread below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With QCRH near $96.70, the first option leg uses a $96.70 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed QCRH chain at a 18-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 QCRH shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 1 | Call | $96.70 | N/A |
| Sell 1 | Call | $101.54 | N/A |
QCRH bull call spread risk and reward
- Net Premium / Debit
- N/A
- Max Profit (per contract)
- Unbounded
- Max Loss (per contract)
- Unbounded
- Breakeven(s)
- None on modeled curve
- Risk / Reward Ratio
- N/A
Max profit equals strike width minus net debit times 100; max loss equals net debit times 100. Breakeven is long-call strike plus net debit.
QCRH bull call spread payoff curve
Modeled P&L at expiration across a range of underlying prices for the bull call spread on QCRH. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.
When traders use bull call spread on QCRH
Bull call spreads on QCRH reduce the cost of a bullish QCRH stock position by selling a higher-strike call; suited to moderate-move theses where price reaches but does not vastly exceed the short strike.
QCRH thesis for this bull call spread
The market-implied 1-standard-deviation range for QCRH extends from approximately $87.39 on the downside to $106.01 on the upside. A QCRH bull call spread caps both the risk and the reward of a bullish position; relative to an outright long call on QCRH, the spread reduces the cost basis but limits the maximum profit to the strike width minus net debit. Current QCRH IV rank near 2.88% sits in the lower third of its 1-year distribution, where IV often re-expands toward the mean; this favors premium-buying structures and disadvantages premium-selling structures on QCRH at 33.60%. As a Financial Services name, QCRH options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to QCRH-specific events.
QCRH bull call spread positions are structurally moderately bullish; the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. QCRH positions also carry Financial Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move QCRH alongside the broader basket even when QCRH-specific fundamentals are unchanged. Long-premium structures like a bull call spread on QCRH are particularly exposed to IV-crush risk through scheduled events (earnings, FDA decisions, central-bank meetings) where IV typically contracts post-event regardless of the directional outcome. Always rebuild the position from current QCRH chain quotes before placing a trade.
Frequently asked questions
- What is a bull call spread on QCRH?
- A bull call spread on QCRH is the bull call spread strategy applied to QCRH (stock). The strategy is structurally moderately bullish: A bull call spread buys an at-the-money call and sells an out-of-the-money call at a higher strike for defined risk and defined reward bounded by the strike width. With QCRH stock trading near $96.70, the strikes shown on this page are snapped to the nearest listed QCRH chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are QCRH bull call spread max profit and max loss calculated?
- Max profit equals strike width minus net debit times 100; max loss equals net debit times 100. Breakeven is long-call strike plus net debit. For the QCRH bull call spread priced from the end-of-day chain at a 30-day expiry (ATM IV 33.60%), the computed maximum profit is unbounded per contract and the computed maximum loss is unbounded per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a QCRH bull call spread?
- The breakeven for the QCRH bull call spread priced on this page is no defined breakeven on the modeled curve at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current QCRH market-implied 1-standard-deviation expected move is approximately 9.63%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a bull call spread on QCRH?
- Bull call spreads on QCRH reduce the cost of a bullish QCRH stock position by selling a higher-strike call; suited to moderate-move theses where price reaches but does not vastly exceed the short strike.
- How does current QCRH implied volatility affect this bull call spread?
- QCRH ATM IV is at 33.60% with IV rank near 2.88%, which is on the low end of its 1-year range. Premium-buying structures (long call, long put, debit spreads) are relatively cheap in this regime; premium-selling structures collect less credit per unit risk.