SHORT PUT LADDER	MARRIED PUT
About Strategy	Short Put Ladder Option Strategy  This strategy is implemented when a trader is slightly bearish on the market. A trader is required to be bullish over the volatility in the market. It involves sale of an ITM Put Option and buying of 1 ATM & 1 OTM Put Options. However, the risk associated with this strategy is limited. 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..

SHORT PUT LADDER Vs MARRIED PUT - Details

	SHORT PUT LADDER	MARRIED PUT
Market View	Neutral	Bullish
Type (CE/PE)	PE (Put Option)	PE (Put Option)
Number Of Positions	3	1
Strategy Level	Advance	Beginners
Reward Profile	Unlimited	Unlimited
Risk Profile	Limited	Limited
Breakeven Point	Upper Breakeven Point = Strike Price of Short Put - Net Premium Received Lower Breakeven Point = Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received	Purchase Price of Underlying + Premium Paid

SHORT PUT LADDER Vs MARRIED PUT - When & How to use ?

	SHORT PUT LADDER	MARRIED PUT
Market View	Neutral	Bullish
When to use?	This strategy is implemented when a trader is slightly bearish on the market.	This Strategy work when the investor goes long in any stock. He expects the rise in market in future.
Action	Sell ITM Put Option, Buying 1 ATM & 1 OTM Put Option.	Buy 250 XYZ Shares, Buy 1 ATM Put Option
Breakeven Point	Upper Breakeven Point = Strike Price of Short Put - Net Premium Received Lower Breakeven Point = Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received	Purchase Price of Underlying + Premium Paid

SHORT PUT LADDER Vs MARRIED PUT - Risk & Reward

	SHORT PUT LADDER	MARRIED PUT
Maximum Profit Scenario	When Price of Underlying < Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received	Profit = Price of Underlying - Purchase Price of Underlying - Premium Paid
Maximum Loss Scenario	Strike Price of Short Put - Strike Price of Higher Strike Long Put - Net Premium Received + Commissions Paid	Max Loss = Premium Paid + Commissions Paid
Risk	Limited	Limited
Reward	Unlimited	Unlimited

SHORT PUT LADDER Vs MARRIED PUT - Strategy Pros & Cons

	SHORT PUT LADDER	MARRIED PUT
Similar Strategies	Strap, Strip	Long Call
Disadvantage	• Best to use when you are confident about movement of market. • Small margin required.	Cost of the put options eats into profit margin.
Advantages	• When there is surge in implied volatility, this strategy can give more profit. • Unlimited downside profit. • Limited risk and unlimited reward strategy.	Unlimited Profit and Limited Risk