LONG CALL	BULL CALENDER SPREAD
About Strategy	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..	Bull Calendar Spread Option Strategy This strategy is implemented when a trader is bullish on the underlying stock/index in the short term say 2 months or so. A trader will write one Near Month OTM Call Option and buy one next Month OTM Call Option, thereby reducing the cost of purchase, with the same strike price of the same underlying asset. This strategy is used when a trader wants to make prof .. Read more..

LONG CALL Vs BULL CALENDER SPREAD - Details

	LONG CALL	BULL CALENDER SPREAD
Market View	Bullish	Bullish
Type (CE/PE)	CE (Call Option)	CE (Call Option) + PE (Put Option)
Number Of Positions	1	2
Strategy Level	Beginner Level	Beginners
Reward Profile	Unlimited	Unlimited
Risk Profile	Limited	Limited
Breakeven Point	Strike Price + Premium	Stock Price when long call value is equal to net debit.

LONG CALL Vs BULL CALENDER SPREAD - When & How to use ?

	LONG CALL	BULL CALENDER SPREAD
Market View	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.)	Bullish
When to use?	This strategy work when an investor expect the underlying instrument move in upward direction.	This strategy is used when a trader wants to make profit from a steady increase in the stock price over a short period of time.
Action	Buying Call option	Sell 1 Near-Term OTM Call, Buy 1 Long-Term OTM Call
Breakeven Point	Strike price + Premium	Stock Price when long call value is equal to net debit.

LONG CALL Vs BULL CALENDER SPREAD - Risk & Reward

	LONG CALL	BULL CALENDER SPREAD
Maximum Profit Scenario	Underlying Asset close above from the strike price on expiry.	You have unlimited profit potential to the upside.
Maximum Loss Scenario	Premium Paid	Max Loss = Premium Paid + Commissions Paid
Risk	Limited	Limited
Reward	Unlimited	Unlimited

LONG CALL Vs BULL CALENDER SPREAD - Strategy Pros & Cons

	LONG CALL	BULL CALENDER SPREAD
Similar Strategies	Protective Put	The Collar, Bull Put Spread
Disadvantage	• 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.	• Limited profit even if underlying asset rallies. • If the short call options are assigned when the underlying asset rallies then losses can be sustained.
Advantages	• Less investment, more profit. • Unlimited profit with limited risk. • High leverage than simply owning the stock.	• Limited losses to the net debit. • Enable trader to book profit even if underlying asset stays stagnant. • If the market trends reverse, cashing in from stock price movement at limited risk.