BEAR PUT SPREAD	SYNTHETIC LONG CALL
About Strategy	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..	Synthetic Long Call Option Strategy A trader is bullish in nature for short term, but also fearful about the downside risk associated with it. Here, a trader wants to hold an underlying asset either in physical form like in case of commodities or demat (electronic) form in case of stocks. But he is always exposed to downside risk and in order to mitigate his losses, .. Read more..

BEAR PUT SPREAD Vs SYNTHETIC LONG CALL - Details

	BEAR PUT SPREAD	SYNTHETIC LONG CALL
Market View	Bearish	Bullish
Type (CE/PE)	PE (Put Option)	CE (Call Option)
Number Of Positions	2	2
Strategy Level	Advance	Beginners
Reward Profile	Limited	When Price of Underlying > Purchase Price of Underlying + Premium Paid
Risk Profile	Limited	Limited (Maximum loss happens when the price of instrument move above from the strike price of put)
Breakeven Point	Strike Price of Long Put - Net Premium	Underlying Price + Put Premium

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

	BEAR PUT SPREAD	SYNTHETIC LONG CALL
Market View	Bearish	Bullish
When to use?	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.	A trader is bullish in nature for short term, but also fearful about the downside risk associated with it.
Action	Buy ITM Put Option, Sell OTM Put Option	Buy 1 ATM Put or OTM Put
Breakeven Point	Strike Price of Long Put - Net Premium	Underlying Price + Put Premium

BEAR PUT SPREAD Vs SYNTHETIC LONG CALL - Risk & Reward

	BEAR PUT SPREAD	SYNTHETIC LONG CALL
Maximum Profit Scenario	Max Profit = Strike Price of Long Put - Strike Price of Short Put - Net Premium Paid.	Current Price - Purchase Price - Premium Paid
Maximum Loss Scenario	Max Loss = Net Premium Paid.	Premium Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

BEAR PUT SPREAD Vs SYNTHETIC LONG CALL - Strategy Pros & Cons

	BEAR PUT SPREAD	SYNTHETIC LONG CALL
Similar Strategies	Bear Call Spread, Bull Call Spread	Protective Put, Long Call
Disadvantage	• Limited profit. • Early assignment risk.	•Chances of loss if the underlying goes down. •Incur losses if option is exercised.
Advantages	• 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.	•Limited risk, unlimited profit. •Protection to your long-term holdings. • Limited loss to the to the premium paid for Put option.