BULL PUT SPREAD	LONG STRADDLE
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..	Long Straddle Option Strategy  Straddle is neither bullish nor bearish strategy; it is a market neutral strategy. Here a trader wishes to take advantage of the volatility in the market. This strategy involves buying of one Call option and one Put option of the same strike price, same expiry date and of the same underlying asset. Now a trader is bound to make profits once stock moves in either direc .. Read more..

BULL PUT SPREAD Vs LONG STRADDLE - Details

	BULL PUT SPREAD	LONG STRADDLE
Market View	Bullish	Neutral
Type (CE/PE)	PE (Put Option)	CE (Call Option) + PE (Put Option)
Number Of Positions	2	2
Strategy Level	Advance	Beginners
Reward Profile	Limited	Unlimited
Risk Profile	Limited	Limited
Breakeven Point	Strike price of short put - net premium paid	Lower Breakeven = Strike Price of Put - Net Premium, Upper breakeven = Strike Price of Call + Net Premium

BULL PUT SPREAD Vs LONG STRADDLE - When & How to use ?

	BULL PUT SPREAD	LONG STRADDLE
Market View	Bullish	Neutral
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.	This options strategy is work well when and investor market view is bearish. 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 Call Option, Buy Put Option
Breakeven Point	Strike price of short put - net premium paid	Lower Breakeven = Strike Price of Put - Net Premium, Upper breakeven = Strike Price of Call + Net Premium

BULL PUT SPREAD Vs LONG STRADDLE - Risk & Reward

	BULL PUT SPREAD	LONG STRADDLE
Maximum Profit Scenario	Max Profit = Net Premium Received	Max profit is achieved when at one option is exercised.
Maximum Loss Scenario	Max Loss = (Strike Price Put 1 - Strike Price of Put 2) - Net Premium Received	Maximum Loss = Net Premium Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

BULL PUT SPREAD Vs LONG STRADDLE - Strategy Pros & Cons

	BULL PUT SPREAD	LONG STRADDLE
Similar Strategies	Bull Call Spread, Bear Put Spread, Collar	Bear Put Spread
Disadvantage	• Limited profit potential. • In loss situations, time decay may go against you.	• There should be continuous movement of the stock and options price for this strategy to be profitable. • Time decay hurts long option if the strike price, expiration date or underlying stock are badly chosen.
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.	• Unlimited potential beyond the breakeven point in either direction . • Book your profit from highly volatile stocks without determining the direction. • Limited risk, more profit.