BEAR PUT SPREAD	NEUTRAL CALENDAR SPREAD
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..	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..

BEAR PUT SPREAD Vs NEUTRAL CALENDAR SPREAD - Details

	BEAR PUT SPREAD	NEUTRAL CALENDAR SPREAD
Market View	Bearish	Neutral
Type (CE/PE)	PE (Put Option)	CE (Call Option)
Number Of Positions	2	2
Strategy Level	Advance	Beginners
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Strike Price of Long Put - Net Premium	-

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

	BEAR PUT SPREAD	NEUTRAL CALENDAR SPREAD
Market View	Bearish	Neutral
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 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.
Action	Buy ITM Put Option, Sell OTM Put Option	Sell 1 Near-Term ATM Call, Buy 1 Long-Term ATM Call
Breakeven Point	Strike Price of Long Put - Net Premium	-

BEAR PUT SPREAD Vs NEUTRAL CALENDAR SPREAD - Risk & Reward

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

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

	BEAR PUT SPREAD	NEUTRAL CALENDAR SPREAD
Similar Strategies	Bear Call Spread, Bull Call Spread	Long Put Butterfly, Iron Butterfly
Disadvantage	• Limited profit. • Early assignment risk.	• Lower profitability • Must have enough experience.
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.	• Almost zero margin required. • Ability to profit from time decay, limited risk. • This strategy allows you to transform position into long position.