BEAR PUT SPREAD	PUT BACKSPREAD
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..	Put Backspread Option Strategy If the trader is bearish on market and bullish in volatility, he will implement this strategy. However the trader can be neutral in nature i.e. indifferent if the market moves in either of the direction, this strategy will make profits, but uptrend will give a capped income than downtrend which will give unlimited returns. Read more..

BEAR PUT SPREAD Vs PUT BACKSPREAD - Details

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

BEAR PUT SPREAD Vs PUT BACKSPREAD - When & How to use ?

	BEAR PUT SPREAD	PUT BACKSPREAD
Market View	Bearish	Bearish
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.
Action	Buy ITM Put Option, Sell OTM Put Option
Breakeven Point	Strike Price of Long Put - Net Premium

BEAR PUT SPREAD Vs PUT BACKSPREAD - Risk & Reward

	BEAR PUT SPREAD	PUT BACKSPREAD
Maximum Profit Scenario	Max Profit = Strike Price of Long Put - Strike Price of Short Put - Net Premium Paid.
Maximum Loss Scenario	Max Loss = Net Premium Paid.
Risk	Limited	Limited
Reward	Limited	Unlimited

BEAR PUT SPREAD Vs PUT BACKSPREAD - Strategy Pros & Cons

	BEAR PUT SPREAD	PUT BACKSPREAD
Similar Strategies	Bear Call Spread, Bull Call Spread
Disadvantage	• Limited profit. • Early assignment risk.
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.