BEAR PUT SPREAD	CHRISTMAS TREE SPREAD WITH PUT OPTION
About Strategy	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..	Christmas Tree Spread with Puts Option Strategy This Strategy is an advance option strategy that consists of three legs and six total options. In this strategy buying one put at strike price D, skipping strike price C, writes three calls at strike price B, and buying two calls at strike price A for same expiration dates for neutral to bearish forecast. An investor used this strategy to potential returns .. Read more..

BEAR PUT SPREAD Vs CHRISTMAS TREE SPREAD WITH PUT OPTION - Details

	BEAR PUT SPREAD	CHRISTMAS TREE SPREAD WITH PUT OPTION
Market View	Bearish	Bearish
Type (CE/PE)	PE (Put Option)	CE (Call Option)
Number Of Positions	2	6
Strategy Level	Advance	Advance
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Strike Price of Long Put - Net Premium	Lowest strike prices + the half premium – premium paid

BEAR PUT SPREAD Vs CHRISTMAS TREE SPREAD WITH PUT OPTION - When & How to use ?

	BEAR PUT SPREAD	CHRISTMAS TREE SPREAD WITH PUT OPTION
Market View	Bearish	Bearish
When to use?	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.	This Strategy is used when an investor wants potential returns.
Action	Buy ITM Put Option, Sell OTM Put Option	Buying one ATM, Selling 3 Puts, Buying one more OTM Put
Breakeven Point	Strike Price of Long Put - Net Premium	Lowest strike prices + the half premium – premium paid

BEAR PUT SPREAD Vs CHRISTMAS TREE SPREAD WITH PUT OPTION - Risk & Reward

	BEAR PUT SPREAD	CHRISTMAS TREE SPREAD WITH PUT OPTION
Maximum Profit Scenario	Max Profit = Strike Price of Long Put - Strike Price of Short Put - Net Premium Paid.	Equal middle strike price – higher strike price – the premium
Maximum Loss Scenario	Max Loss = Net Premium Paid.	Net Debit paid for the strategy.
Risk	Limited	Limited
Reward	Limited	Limited

BEAR PUT SPREAD Vs CHRISTMAS TREE SPREAD WITH PUT OPTION - Strategy Pros & Cons

	BEAR PUT SPREAD	CHRISTMAS TREE SPREAD WITH PUT OPTION
Similar Strategies	Bear Call Spread, Bull Call Spread	Butterfly spreads
Disadvantage	• Limited profit. • Early assignment risk.	• Potential profit is lower or limited.
Advantages	• 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.	• The potential of loss is limited.