NEUTRAL CALENDAR SPREAD	BULL PUT SPREAD
About Strategy	Neutral Calendar Spread Option strategy  This strategy is implemented if the trader is neutral in the near future for say 2 months or so. This strategy involves writing of Near Month 1 ATM Call Option and buying 1 Mid Month ATM Call Option, hence reducing the cost of purchase, with the same strike price of the same underlying asset. This strategy is used when the trader wants to make money from the Read more..	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..

NEUTRAL CALENDAR SPREAD Vs BULL PUT SPREAD - Details

	NEUTRAL CALENDAR SPREAD	BULL PUT SPREAD
Market View	Neutral	Bullish
Type (CE/PE)	CE (Call Option)	PE (Put Option)
Number Of Positions	2	2
Strategy Level	Beginners	Advance
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	-	Strike price of short put - net premium paid

NEUTRAL CALENDAR SPREAD Vs BULL PUT SPREAD - When & How to use ?

	NEUTRAL CALENDAR SPREAD	BULL PUT SPREAD
Market View	Neutral	Bullish
When to use?	This strategy is implemented if the trader is neutral in the near future for say 2 months or so. This strategy involves writing of Near Month 1 ATM Call Option and buying 1 Mid Month ATM Call Option.	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.
Action	Sell 1 Near-Term ATM Call, Buy 1 Long-Term ATM Call	Buy OTM Put Option, Sell ITM Put Option
Breakeven Point	-	Strike price of short put - net premium paid

NEUTRAL CALENDAR SPREAD Vs BULL PUT SPREAD - Risk & Reward

	NEUTRAL CALENDAR SPREAD	BULL PUT SPREAD
Maximum Profit Scenario	Maximum Profit Limited When underlying stock price remains unchanged on expiration of the near month options.	Max Profit = Net Premium Received
Maximum Loss Scenario	It occurs when the stock price goes down and stays down until expiration of the longer term options.	Max Loss = (Strike Price Put 1 - Strike Price of Put 2) - Net Premium Received
Risk	Limited	Limited
Reward	Limited	Limited

NEUTRAL CALENDAR SPREAD Vs BULL PUT SPREAD - Strategy Pros & Cons

	NEUTRAL CALENDAR SPREAD	BULL PUT SPREAD
Similar Strategies	Long Put Butterfly, Iron Butterfly	Bull Call Spread, Bear Put Spread, Collar
Disadvantage	• Lower profitability • Must have enough experience.	• Limited profit potential. • In loss situations, time decay may go against you.
Advantages	• Almost zero margin required. • Ability to profit from time decay, limited risk. • This strategy allows you to transform position into long position.	• 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.