BULL PUT SPREAD	SHORT STRADDLE
About Strategy	Bull Put Spread Option Strategy Bull Put Spread option trading strategy is used by a trader who is bullish in nature and expects the underlying asset to move in an upward trend in the near future. This strategy includes buying of an ‘Out of the Money’ Put Option and selling of ‘In the Money’ Put Option of the same underlying asset and the same expiration date. When you write a Put, you will receive prem Read more..	Short Straddle Option strategy This strategy is just the opposite of Long Straddle. A trader should adopt this strategy when he expects less volatility in the near future. Here, a trader will sell one Call Option & one Put Option of the same strike price, same expiry date and of the same underlying asset. If the stock/index hovers around the same levels then both the options will expire worthless an .. Read more..

BULL PUT SPREAD Vs SHORT STRADDLE - Details

	BULL PUT SPREAD	SHORT STRADDLE
Market View	Bullish	Neutral
Type (CE/PE)	PE (Put Option)	CE (Call Option) + PE (Put Option)
Number Of Positions	2	2
Strategy Level	Advance	Advance
Reward Profile	Limited	Limited
Risk Profile	Limited	Unlimited
Breakeven Point	Strike price of short put - net premium paid	Lower Breakeven = Strike Price of Put - Net Premium, Upper breakeven = Strike Price of Call+ Net Premium

BULL PUT SPREAD Vs SHORT STRADDLE - When & How to use ?

	BULL PUT SPREAD	SHORT STRADDLE
Market View	Bullish	Neutral
When to use?	Bull Put Spread strategy is used when you're of the view that the price of a particular underlying will rise, move sideways, or marginally fall.	This strategy is work well when an investor expect a flat market in the coming days with very less movement in the prices of underlying asset.
Action	Buy OTM Put Option, Sell ITM Put Option	Sell Call Option, Sell Put Option
Breakeven Point	Strike price of short put - net premium paid	Lower Breakeven = Strike Price of Put - Net Premium, Upper breakeven = Strike Price of Call+ Net Premium

BULL PUT SPREAD Vs SHORT STRADDLE - Risk & Reward

	BULL PUT SPREAD	SHORT STRADDLE
Maximum Profit Scenario	Max Profit = Net Premium Received	Max Profit = Net Premium Received - Commissions Paid
Maximum Loss Scenario	Max Loss = (Strike Price Put 1 - Strike Price of Put 2) - Net Premium Received	Maximum Loss = Long Call Strike Price - Short Call Strike Price - Net Premium Received
Risk	Limited	Unlimited
Reward	Limited	Limited

BULL PUT SPREAD Vs SHORT STRADDLE - Strategy Pros & Cons

	BULL PUT SPREAD	SHORT STRADDLE
Similar Strategies	Bull Call Spread, Bear Put Spread, Collar	Short Strangle
Disadvantage	• Limited profit potential. • In loss situations, time decay may go against you.	• Unlimited risk. • If the price of the underlying asset moves in either direction then huge losses can occur.
Advantages	• Benefit from the time decay in profit positions but harmful in loss positions. • Profitable when underlying stock price rises, move sideways or marginal drop. • Reduce the downside risk.	• A trader can earn profit even when there is no volatility in the market . • Allows you to benefit from double time decay. • Trader can collect premium from puts and calls option .