SHORT PUT LADDER	LONG CALL
About Strategy	Short Put Ladder Option Strategy  This strategy is implemented when a trader is slightly bearish on the market. A trader is required to be bullish over the volatility in the market. It involves sale of an ITM Put Option and buying of 1 ATM & 1 OTM Put Options. However, the risk associated with this strategy is limited. Read more..	Long Call Option Strategy This is one of the basic strategies as it involves entering into one position i.e. buying the Call Option only. Any investor who buys the Call Option will be bullish in nature and would be expecting the market to give decent returns in the near future. Risk: Read more..

SHORT PUT LADDER Vs LONG CALL - Details

	SHORT PUT LADDER	LONG CALL
Market View	Neutral	Bullish
Type (CE/PE)	PE (Put Option)	CE (Call Option)
Number Of Positions	3	1
Strategy Level	Advance	Beginner Level
Reward Profile	Unlimited	Unlimited
Risk Profile	Limited	Limited
Breakeven Point	Upper Breakeven Point = Strike Price of Short Put - Net Premium Received Lower Breakeven Point = Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received	Strike Price + Premium

SHORT PUT LADDER Vs LONG CALL - When & How to use ?

	SHORT PUT LADDER	LONG CALL
Market View	Neutral	Bullish (Any investor who buys the Call Option will be bullish in nature and would be expecting the market to give decent returns in the near future.)
When to use?	This strategy is implemented when a trader is slightly bearish on the market.	This strategy work when an investor expect the underlying instrument move in upward direction.
Action	Sell ITM Put Option, Buying 1 ATM & 1 OTM Put Option.	Buying Call option
Breakeven Point	Upper Breakeven Point = Strike Price of Short Put - Net Premium Received Lower Breakeven Point = Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received	Strike price + Premium

SHORT PUT LADDER Vs LONG CALL - Risk & Reward

	SHORT PUT LADDER	LONG CALL
Maximum Profit Scenario	When Price of Underlying < Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received	Underlying Asset close above from the strike price on expiry.
Maximum Loss Scenario	Strike Price of Short Put - Strike Price of Higher Strike Long Put - Net Premium Received + Commissions Paid	Premium Paid
Risk	Limited	Limited
Reward	Unlimited	Unlimited

SHORT PUT LADDER Vs LONG CALL - Strategy Pros & Cons

	SHORT PUT LADDER	LONG CALL
Similar Strategies	Strap, Strip	Protective Put
Disadvantage	• Best to use when you are confident about movement of market. • Small margin required.	• In this strategy, there is not protection against the underlying stock falling in value. • 100% loss if the strike price, expiration dates or underlying stocks are badly chosen.
Advantages	• When there is surge in implied volatility, this strategy can give more profit. • Unlimited downside profit. • Limited risk and unlimited reward strategy.	• Less investment, more profit. • Unlimited profit with limited risk. • High leverage than simply owning the stock.