DIAGONAL BEAR PUT SPREAD	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY
About Strategy	Diagonal Bear Put Spread When the trader is neutral – bearish in the near-month and bearish in the mid-month, he will apply Diagonal Bear Put Spread. This strategy involves buying Mid-Month ITM Put Options and selling (short/write) equal number of Near-Month OTM Put Options, of the same underlying asset. This strategy bags limited rewards with limited risk.  Read more..	Christmas Tree Spread with Call Option Strategy This Strategy is an advance option strategy that consists of three legs and six total options. In this strategy buying one call at strike price A, skipping strike price B, writes three calls at strike price C, and buying two calls at strike price D for same expiration dates for neutral to bullish forecast. An investor used this strategy to potential retur .. Read more..

DIAGONAL BEAR PUT SPREAD Vs CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY - Details

	DIAGONAL BEAR PUT SPREAD	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY
Market View	Bearish	Bullish
Type (CE/PE)	PE (Put Option)	CE (Call Option)
Number Of Positions	2	4
Strategy Level	Beginners	Advance
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	This is a dynamic trade with many possible scenarios and future trades, it is impossible to calculate a breakeven.	Lowest strike prices + premium paid – the half premium.

DIAGONAL BEAR PUT SPREAD Vs CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY - When & How to use ?

	DIAGONAL BEAR PUT SPREAD	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY
Market View	Bearish	Bullish
When to use?	When the trader is neutral – bearish in the near-month and bearish in the mid-month, he will apply Diagonal Bear Put Spread. This strategy involves buying Mid-Month ITM Put Options and selling (short/write) equal number of Near-Month OTM Put Options, of the same underlying asset	This Strategy is used when an investor wants potential returns.
Action	Sell 1 Near-Month OTM Put Option, Buy 1 Mid-Month ITM Put Option	• Buy 1 call , • Sell 3 calls, • Buy 2 calls
Breakeven Point	This is a dynamic trade with many possible scenarios and future trades, it is impossible to calculate a breakeven.	Lowest strike prices + premium paid – the half premium.

DIAGONAL BEAR PUT SPREAD Vs CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY - Risk & Reward

	DIAGONAL BEAR PUT SPREAD	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY
Maximum Profit Scenario	'Premiums received - Initial premium to execute + Strike price - Stock Price on final month	Equal middle strike price – lower strike price – the premium
Maximum Loss Scenario	When the stock trades up above the long-term put strike price.	Net Debit paid for the strategy.
Risk	Limited	Limited
Reward	Limited	Limited

DIAGONAL BEAR PUT SPREAD Vs CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY - Strategy Pros & Cons

	DIAGONAL BEAR PUT SPREAD	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY
Similar Strategies	Bear Put Spread and Bear Call Spread	CHRISTMAS TREE SPREAD WITH PUT OPTION
Disadvantage	Higher commissions due to additional trades. , Changes maximum profit potential of call or put spreads.	• Potential profit is lower or limited.
Advantages	The Risk is limited.	• The potential of loss is limited.