CALL BACKSPREAD	BEAR PUT SPREAD
About Strategy	Call Backspread Option Trading  This strategy is adopted by traders who are bullish in nature. He expects market and volatility to rise in the near future. A trader need not be direction specific here (i.e. an upward or downward trend, but a small bias towards an uptrend should always be present, as the gains will be much higher once the market moves up r Read more..	Bear Put Spread Option Strategy  When a trader is moderately bearish on the market he can implement this strategy. Bear-Put-Spread involves buying of ITM Put Option and selling of an OTM Put Option. If prices fall, the ITM Put option starts making profits and the OTM Put option also adds to profit at a certain extent if the expiry price stays above the OTM strike. However, if it falls below the OTM .. Read more..

CALL BACKSPREAD Vs BEAR PUT SPREAD - Details

	CALL BACKSPREAD	BEAR PUT SPREAD
Market View	Bullish	Bearish
Type (CE/PE)	CE (Call Option)	PE (Put Option)
Number Of Positions	3	2
Strategy Level	Advance	Advance
Reward Profile	Unlimited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Lower breakeven = strike price of the short call, Upper breakeven = strike price of long calls + point of maximum loss	Strike Price of Long Put - Net Premium

CALL BACKSPREAD Vs BEAR PUT SPREAD - When & How to use ?

	CALL BACKSPREAD	BEAR PUT SPREAD
Market View	Bullish	Bearish
When to use?	This strategy is used when the investor expects the price of the stock to rise in the future.	The bear call spread options strategy is used when you are bearish in market view. The strategy minimizes your risk in the event of prime movements going against your expectations.
Action	Sell 1 ITM Call, BUY 2 OTM Call	Buy ITM Put Option, Sell OTM Put Option
Breakeven Point	Lower breakeven = strike price of the short call, Upper breakeven = strike price of long calls + point of maximum loss	Strike Price of Long Put - Net Premium

CALL BACKSPREAD Vs BEAR PUT SPREAD - Risk & Reward

	CALL BACKSPREAD	BEAR PUT SPREAD
Maximum Profit Scenario	Unlimited profit potential if the stock goes in upward direction.	Max Profit = Strike Price of Long Put - Strike Price of Short Put - Net Premium Paid.
Maximum Loss Scenario	Strike Price of long call - Strike Price of short call - Net premium received	Max Loss = Net Premium Paid.
Risk	Limited	Limited
Reward	Unlimited	Limited

CALL BACKSPREAD Vs BEAR PUT SPREAD - Strategy Pros & Cons

	CALL BACKSPREAD	BEAR PUT SPREAD
Similar Strategies	-	Bear Call Spread, Bull Call Spread
Disadvantage		• Limited profit. • Early assignment risk.
Advantages	• Unlimited profit potential.	• If the strike price, expiration date or underlying stocks are rightly chosen then risk of losses would be limited to the net premium paid. • This strategy works well in declining markets. • Limited risk.