CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	BULL CALL SPREAD
About Strategy	Christmas Tree Spread with Call Option Strategy This Strategy is an advance option strategy that consists of three legs and six total options. In this strategy buying one call at strike price A, skipping strike price B, writes three calls at strike price C, and buying two calls at strike price D for same expiration dates for neutral to bullish forecast. An investor used this strategy to potential retur Read more..	Bull Call Spread Option Strategy Bull Call Spread option trading strategy is used by a trader who is bullish in nature and expects the underlying asset to give decent returns in the near future. This strategy includes buying of an ‘In The Money’ Call Option and selling of ‘Deep Out Of the Money’ Call Option of the same underlying asset and the same expiration date. .. Read more..

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs BULL CALL SPREAD - Details

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	BULL CALL SPREAD
Market View	Bullish	Bullish
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	4	2
Strategy Level	Advance	Beginners
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Lowest strike prices + premium paid – the half premium.	Strike price of purchased call + net premium paid

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs BULL CALL SPREAD - When & How to use ?

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	BULL CALL SPREAD
Market View	Bullish	Bullish
When to use?	This Strategy is used when an investor wants potential returns.	This strategy is used when an investor is Bullish in the market but expect the underlying to gain mildly in near future.
Action	• Buy 1 call , • Sell 3 calls, • Buy 2 calls	Buy ITM Call Option, Sell OTM Call Option
Breakeven Point	Lowest strike prices + premium paid – the half premium.	Strike price of purchased call + net premium paid

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs BULL CALL SPREAD - Risk & Reward

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	BULL CALL SPREAD
Maximum Profit Scenario	Equal middle strike price – lower strike price – the premium	(Strike Price of Call 1 - Strike Price of Call 2) - Net Premium Paid
Maximum Loss Scenario	Net Debit paid for the strategy.	Net Premium Paid
Risk	Limited	Limited
Reward	Limited	Limited

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs BULL CALL SPREAD - Strategy Pros & Cons

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	BULL CALL SPREAD
Similar Strategies	CHRISTMAS TREE SPREAD WITH PUT OPTION	Collar
Disadvantage	• Potential profit is lower or limited.	• Limited profit potential to the higher strike call sold if the underlying stock price rises. • Maximum profit only if stock rises to the higher of 2 strike prices selected.
Advantages	• The potential of loss is limited.	• Allows you to reduce risk and cost of your investment. • When placing the spread, exit strategy is pre-determined in advance. • Risk is limited to the net premium paid.