BULL PUT SPREAD	BEAR PUT SPREAD
About Strategy	Bull Put Spread Option Strategy Bull Put Spread option trading strategy is used by a trader who is bullish in nature and expects the underlying asset to move in an upward trend in the near future. This strategy includes buying of an ‘Out of the Money’ Put Option and selling of ‘In the Money’ Put Option of the same underlying asset and the same expiration date. When you write a Put, you will receive prem Read more..	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..

BULL PUT SPREAD Vs BEAR PUT SPREAD - Details

	BULL PUT SPREAD	BEAR PUT SPREAD
Market View	Bullish	Bearish
Type (CE/PE)	PE (Put Option)	PE (Put Option)
Number Of Positions	2	2
Strategy Level	Advance	Advance
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Strike price of short put - net premium paid	Strike Price of Long Put - Net Premium

BULL PUT SPREAD Vs BEAR PUT SPREAD - When & How to use ?

	BULL PUT SPREAD	BEAR PUT SPREAD
Market View	Bullish	Bearish
When to use?	Bull Put Spread strategy is used when you're of the view that the price of a particular underlying will rise, move sideways, or marginally fall.	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.
Action	Buy OTM Put Option, Sell ITM Put Option	Buy ITM Put Option, Sell OTM Put Option
Breakeven Point	Strike price of short put - net premium paid	Strike Price of Long Put - Net Premium

BULL PUT SPREAD Vs BEAR PUT SPREAD - Risk & Reward

	BULL PUT SPREAD	BEAR PUT SPREAD
Maximum Profit Scenario	Max Profit = Net Premium Received	Max Profit = Strike Price of Long Put - Strike Price of Short Put - Net Premium Paid.
Maximum Loss Scenario	Max Loss = (Strike Price Put 1 - Strike Price of Put 2) - Net Premium Received	Max Loss = Net Premium Paid.
Risk	Limited	Limited
Reward	Limited	Limited

BULL PUT SPREAD Vs BEAR PUT SPREAD - Strategy Pros & Cons

	BULL PUT SPREAD	BEAR PUT SPREAD
Similar Strategies	Bull Call Spread, Bear Put Spread, Collar	Bear Call Spread, Bull Call Spread
Disadvantage	• Limited profit potential. • In loss situations, time decay may go against you.	• Limited profit. • Early assignment risk.
Advantages	• Benefit from the time decay in profit positions but harmful in loss positions. • Profitable when underlying stock price rises, move sideways or marginal drop. • Reduce the downside risk.	• 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.