NEUTRAL CALENDAR SPREAD	LONG CALL
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..	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..

NEUTRAL CALENDAR SPREAD Vs LONG CALL - Details

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

NEUTRAL CALENDAR SPREAD Vs LONG CALL - When & How to use ?

	NEUTRAL CALENDAR SPREAD	LONG CALL
Market View	Neutral	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?	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.	This strategy work when an investor expect the underlying instrument move in upward direction.
Action	Sell 1 Near-Term ATM Call, Buy 1 Long-Term ATM Call	Buying Call option
Breakeven Point	-	Strike price + Premium

NEUTRAL CALENDAR SPREAD Vs LONG CALL - Risk & Reward

	NEUTRAL CALENDAR SPREAD	LONG CALL
Maximum Profit Scenario	Maximum Profit Limited When underlying stock price remains unchanged on expiration of the near month options.	Underlying Asset close above from the strike price on expiry.
Maximum Loss Scenario	It occurs when the stock price goes down and stays down until expiration of the longer term options.	Premium Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

NEUTRAL CALENDAR SPREAD Vs LONG CALL - Strategy Pros & Cons

	NEUTRAL CALENDAR SPREAD	LONG CALL
Similar Strategies	Long Put Butterfly, Iron Butterfly	Protective Put
Disadvantage	• Lower profitability • Must have enough experience.	• 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	• Almost zero margin required. • Ability to profit from time decay, limited risk. • This strategy allows you to transform position into long position.	• Less investment, more profit. • Unlimited profit with limited risk. • High leverage than simply owning the stock.