How do you determine if an options spread is bullish or bearish?

Answer 1

Bulls buy the low strike and sell the high strike - think of it like this: investors who are bullish want to buy low and sell high. Bulls start low with their horns and then raise them high when completing their attack.

Bears buy the high strike and sell the low strike (opposite of a bull). Bears start high with their claws and bring them down when completing their attack.

Answer 2