BULL PUT SPREAD	LONG CALL
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 Call Option Strategy This is one of the basic strategies as it involves entering into one position i.e. buying the Call Option only. Any investor who buys the Call Option will be bullish in nature and would be expecting the market to give decent returns in the near future. Risk: Read more..

BULL PUT SPREAD Vs LONG CALL - Details

	BULL PUT SPREAD	LONG CALL
Market View	Bullish	Bullish
Type (CE/PE)	PE (Put Option)	CE (Call Option)
Number Of Positions	2	1
Strategy Level	Advance	Beginner Level
Reward Profile	Limited	Unlimited
Risk Profile	Limited	Limited
Breakeven Point	Strike price of short put - net premium paid	Strike Price + Premium

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

	BULL PUT SPREAD	LONG CALL
Market View	Bullish	Bullish (Any investor who buys the Call Option will be bullish in nature and would be expecting the market to give decent returns in the near future.)
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 strategy work when an investor expect the underlying instrument move in upward direction.
Action	Buy OTM Put Option, Sell ITM Put Option	Buying Call option
Breakeven Point	Strike price of short put - net premium paid	Strike price + Premium

BULL PUT SPREAD Vs LONG CALL - Risk & Reward

	BULL PUT SPREAD	LONG CALL
Maximum Profit Scenario	Max Profit = Net Premium Received	Underlying Asset close above from the strike price on expiry.
Maximum Loss Scenario	Max Loss = (Strike Price Put 1 - Strike Price of Put 2) - Net Premium Received	Premium Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

BULL PUT SPREAD Vs LONG CALL - Strategy Pros & Cons

	BULL PUT SPREAD	LONG CALL
Similar Strategies	Bull Call Spread, Bear Put Spread, Collar	Protective Put
Disadvantage	• Limited profit potential. • In loss situations, time decay may go against you.	• In this strategy, there is not protection against the underlying stock falling in value. • 100% loss if the strike price, expiration dates or underlying stocks 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.	• Less investment, more profit. • Unlimited profit with limited risk. • High leverage than simply owning the stock.