SHORT CALL	BULL CALENDER SPREAD
About Strategy	Short Call Option Strategy A trader shorts or writes a Call Option when he feels that underlying stock price is likely to go down. Selling Call Option is a strategy preferred for experienced traders. However this strategy is very risky in nature. If the stock rallies on the upside, your risk becomes potentially unquantifiable and unlimited. If the strategy Read more..	Bull Calendar Spread Option Strategy This strategy is implemented when a trader is bullish on the underlying stock/index in the short term say 2 months or so. A trader will write one Near Month OTM Call Option and buy one next Month OTM Call Option, thereby reducing the cost of purchase, with the same strike price of the same underlying asset. This strategy is used when a trader wants to make prof .. Read more..

SHORT CALL Vs BULL CALENDER SPREAD - Details

	SHORT CALL	BULL CALENDER SPREAD
Market View	Bearish	Bullish
Type (CE/PE)	CE (Call Option)	CE (Call Option) + PE (Put Option)
Number Of Positions	1	2
Strategy Level	Advance	Beginners
Reward Profile	Limited	Unlimited
Risk Profile	Unlimited	Limited
Breakeven Point	Strike Price of Short Call + Premium Received	Stock Price when long call value is equal to net debit.

SHORT CALL Vs BULL CALENDER SPREAD - When & How to use ?

	SHORT CALL	BULL CALENDER SPREAD
Market View	Bearish	Bullish
When to use?	It is an aggressive strategy and involves huge risks. It should be used only in case where trader is certain about the bearish market view on the underlying.	This strategy is used when a trader wants to make profit from a steady increase in the stock price over a short period of time.
Action	Sell or Write Call Option	Sell 1 Near-Term OTM Call, Buy 1 Long-Term OTM Call
Breakeven Point	Strike Price of Short Call + Premium Received	Stock Price when long call value is equal to net debit.

SHORT CALL Vs BULL CALENDER SPREAD - Risk & Reward

	SHORT CALL	BULL CALENDER SPREAD
Maximum Profit Scenario	Max Profit = Premium Received	You have unlimited profit potential to the upside.
Maximum Loss Scenario	Loss Occurs When Price of Underlying > Strike Price of Short Call + Premium Received	Max Loss = Premium Paid + Commissions Paid
Risk	Unlimited	Limited
Reward	Limited	Unlimited

SHORT CALL Vs BULL CALENDER SPREAD - Strategy Pros & Cons

	SHORT CALL	BULL CALENDER SPREAD
Similar Strategies	Covered Put, Covered Calls	The Collar, Bull Put Spread
Disadvantage	• Unlimited risk to the upside underlying stocks. • Potential loss more than the premium collected.	• Limited profit even if underlying asset rallies. • If the short call options are assigned when the underlying asset rallies then losses can be sustained.
Advantages	• With the help of this strategy, traders can book profit from falling prices in the underlying asset. • Less investment, more profit. • Traders can book profit when underlying stock price fall, move sideways or rise by a small amount.	• Limited losses to the net debit. • Enable trader to book profit even if underlying asset stays stagnant. • If the market trends reverse, cashing in from stock price movement at limited risk.