NEUTRAL CALENDAR SPREAD	BEAR CALL SPREAD
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..	Bear Call Spread Option Strategy  Bear Call Spread option trading strategy is used by a trader who is bearish in nature and expects the underlying asset to dip in the near future. This strategy includes buying of an ‘Out of the Money’ Call Option and selling one ‘In the Money’ Call Option of the same underlying asset and the same expiration date. When you write a call, you receive premium thereby r .. Read more..

NEUTRAL CALENDAR SPREAD Vs BEAR CALL SPREAD - Details

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

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

	NEUTRAL CALENDAR SPREAD	BEAR CALL SPREAD
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.	This 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	Sell 1 Near-Term ATM Call, Buy 1 Long-Term ATM Call	Buy OTM Call Option, Sell ITM Call Option
Breakeven Point	-	Strike Price of Short Call + Net Premium Received

NEUTRAL CALENDAR SPREAD Vs BEAR CALL SPREAD - Risk & Reward

	NEUTRAL CALENDAR SPREAD	BEAR CALL SPREAD
Maximum Profit Scenario	Maximum Profit Limited When underlying stock price remains unchanged on expiration of the near month options.	Max Profit = Net Premium Received - Commissions Paid
Maximum Loss Scenario	It occurs when the stock price goes down and stays down until expiration of the longer term options.	Maximum Loss = Long Call Strike Price - Short Call Strike Price - Net Premium Received
Risk	Limited	Limited
Reward	Limited	Limited

NEUTRAL CALENDAR SPREAD Vs BEAR CALL SPREAD - Strategy Pros & Cons

	NEUTRAL CALENDAR SPREAD	BEAR CALL SPREAD
Similar Strategies	Long Put Butterfly, Iron Butterfly	Bear Put Spread, Bull Call Spread
Disadvantage	• Lower profitability • Must have enough experience.	• Limited amount of profit. • Margin requirement, more commission charges.
Advantages	• Almost zero margin required. • Ability to profit from time decay, limited risk. • This strategy allows you to transform position into long position.	• This strategy takes advantage of time decay. • Investors can get profit in a flat market scenario. • Investors can earn options premium income with a lower degree of risk.