NEUTRAL CALENDAR SPREAD	MARRIED PUT
About Strategy	Neutral Calendar Spread Option strategy  This strategy is implemented if the trader is neutral in the near future for say 2 months or so. This strategy involves writing of Near Month 1 ATM Call Option and buying 1 Mid Month ATM Call Option, hence reducing the cost of purchase, with the same strike price of the same underlying asset. This strategy is used when the trader wants to make money from the Read more..	Married Put Option Strategy This strategy is applied when trader goes long on the underlying asset i.e. he buys the stock in cash market. He has a bullish view and expects the market to rise in the near future, but simultaneously has the fear of downward movement of the markets. In order to cover his position from vulnerabilities he buys one ATM Put Option of the same underlying asset. Here, a trader wi .. Read more..

NEUTRAL CALENDAR SPREAD Vs MARRIED PUT - Details

	NEUTRAL CALENDAR SPREAD	MARRIED PUT
Market View	Neutral	Bullish
Type (CE/PE)	CE (Call Option)	PE (Put Option)
Number Of Positions	2	1
Strategy Level	Beginners	Beginners
Reward Profile	Limited	Unlimited
Risk Profile	Limited	Limited
Breakeven Point	-	Purchase Price of Underlying + Premium Paid

NEUTRAL CALENDAR SPREAD Vs MARRIED PUT - When & How to use ?

	NEUTRAL CALENDAR SPREAD	MARRIED PUT
Market View	Neutral	Bullish
When to use?	This strategy is implemented if the trader is neutral in the near future for say 2 months or so. This strategy involves writing of Near Month 1 ATM Call Option and buying 1 Mid Month ATM Call Option.	This Strategy work when the investor goes long in any stock. He expects the rise in market in future.
Action	Sell 1 Near-Term ATM Call, Buy 1 Long-Term ATM Call	Buy 250 XYZ Shares, Buy 1 ATM Put Option
Breakeven Point	-	Purchase Price of Underlying + Premium Paid

NEUTRAL CALENDAR SPREAD Vs MARRIED PUT - Risk & Reward

	NEUTRAL CALENDAR SPREAD	MARRIED PUT
Maximum Profit Scenario	Maximum Profit Limited When underlying stock price remains unchanged on expiration of the near month options.	Profit = Price of Underlying - Purchase Price of Underlying - Premium Paid
Maximum Loss Scenario	It occurs when the stock price goes down and stays down until expiration of the longer term options.	Max Loss = Premium Paid + Commissions Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

NEUTRAL CALENDAR SPREAD Vs MARRIED PUT - Strategy Pros & Cons

	NEUTRAL CALENDAR SPREAD	MARRIED PUT
Similar Strategies	Long Put Butterfly, Iron Butterfly	Long Call
Disadvantage	• Lower profitability • Must have enough experience.	Cost of the put options eats into profit margin.
Advantages	• Almost zero margin required. • Ability to profit from time decay, limited risk. • This strategy allows you to transform position into long position.	Unlimited Profit and Limited Risk