NEUTRAL CALENDAR SPREAD	SHORT 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..	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..

NEUTRAL CALENDAR SPREAD Vs SHORT CALL - Details

	NEUTRAL CALENDAR SPREAD	SHORT CALL
Market View	Neutral	Bearish
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	2	1
Strategy Level	Beginners	Advance
Reward Profile	Limited	Limited
Risk Profile	Limited	Unlimited
Breakeven Point	-	Strike Price of Short Call + Premium Received

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

	NEUTRAL CALENDAR SPREAD	SHORT CALL
Market View	Neutral	Bearish
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.	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.
Action	Sell 1 Near-Term ATM Call, Buy 1 Long-Term ATM Call	Sell or Write Call Option
Breakeven Point	-	Strike Price of Short Call + Premium Received

NEUTRAL CALENDAR SPREAD Vs SHORT CALL - Risk & Reward

	NEUTRAL CALENDAR SPREAD	SHORT CALL
Maximum Profit Scenario	Maximum Profit Limited When underlying stock price remains unchanged on expiration of the near month options.	Max Profit = Premium Received
Maximum Loss Scenario	It occurs when the stock price goes down and stays down until expiration of the longer term options.	Loss Occurs When Price of Underlying > Strike Price of Short Call + Premium Received
Risk	Limited	Unlimited
Reward	Limited	Limited

NEUTRAL CALENDAR SPREAD Vs SHORT CALL - Strategy Pros & Cons

	NEUTRAL CALENDAR SPREAD	SHORT CALL
Similar Strategies	Long Put Butterfly, Iron Butterfly	Covered Put, Covered Calls
Disadvantage	• Lower profitability • Must have enough experience.	• Unlimited risk to the upside underlying stocks. • Potential loss more than the premium collected.
Advantages	• Almost zero margin required. • Ability to profit from time decay, limited risk. • This strategy allows you to transform position into long position.	• 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.