SHORT PUT	NEUTRAL CALENDAR SPREAD
About Strategy	Short Put Option Strategy A trader will short put if he is bullish in nature and expects the underlying asset not to fall below a certain level. Risk: Losses will be potentially unlimited if the stock skyrockets above the strike price of put. 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..

SHORT PUT Vs NEUTRAL CALENDAR SPREAD - Details

	SHORT PUT	NEUTRAL CALENDAR SPREAD
Market View	Bullish	Neutral
Type (CE/PE)	PE (Put Option)	CE (Call Option)
Number Of Positions	1	2
Strategy Level	Beginners	Beginners
Reward Profile	Limited	Limited
Risk Profile	Unlimited	Limited
Breakeven Point	Strike Price - Premium	-

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

	SHORT PUT	NEUTRAL CALENDAR SPREAD
Market View	Bullish	Neutral
When to use?	This strategy works well when you're Bullish that the price of the underlying will not fall beyond a certain level.	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	Sell Put Option	Sell 1 Near-Term ATM Call, Buy 1 Long-Term ATM Call
Breakeven Point	Strike Price - Premium	-

SHORT PUT Vs NEUTRAL CALENDAR SPREAD - Risk & Reward

	SHORT PUT	NEUTRAL CALENDAR SPREAD
Maximum Profit Scenario	Premium received in your account when you sell the Put Option.	Maximum Profit Limited When underlying stock price remains unchanged on expiration of the near month options.
Maximum Loss Scenario	Unlimited (When the price of the underlying falls.)	It occurs when the stock price goes down and stays down until expiration of the longer term options.
Risk	Unlimited	Limited
Reward	Limited	Limited

SHORT PUT Vs NEUTRAL CALENDAR SPREAD - Strategy Pros & Cons

	SHORT PUT	NEUTRAL CALENDAR SPREAD
Similar Strategies	Bull Put Spread, Short Starddle	Long Put Butterfly, Iron Butterfly
Disadvantage	• Unlimited risk. • Huge losses if the price of the underlying stock falls steeply.	• Lower profitability • Must have enough experience.
Advantages	• Benefit from time decay. • Less capital required than buying the stock outright. • Profit when underlying stock price rise, move sideways or drop by a relatively small account.	• Almost zero margin required. • Ability to profit from time decay, limited risk. • This strategy allows you to transform position into long position.